Gold price faces an extra negative pressure to attack 1503.24, which requires being aware from the upcoming trading, where the continuation of the bearish bias and breaking 1483.60 level will stop the suggested positive scenario in our last reports and pushes the price to achieve more of the upside moves on the intraday basis, while the price needs to settle above 1503.24, to keep the main bullish trend active for today, reminding you that our main targets begin at 1535.00 and extend to 1560.00 after breaching the previous level.

The expected trading range for today is between 1500.00 support and 1530.00 resistance.

The expected trend for today: Bullish

Copper price continued providing negative closes below the resistance that is located at 2.6200, to keep its negative stability, therefore, we will keep waiting for forming negative trading, to target several negative levels that begin at 2.5500 reaching to 38.2% Fibonacci correction level at 2.4660.

By the above image, we notice stochastic reach below 50 level, to support the negative suggestion by providing extra negative momentum, to ease the mission of reaching the waited negative targets.

The expected trading range for today is between 2.6000 and 2.5500

The expected trend for today: Bearish

Platinum price returned to fluctuate above 840.00 level, to delay the negative attack, which forces it to provide new sideways trading, by its stability at 846.00, but the repeated stability below the bearish channel’s resistance at 867.00 increases the negative attack, targeting the support level initially at 790.00.

Note that the price success to break 790.00 level and providing negative close below it will reinforce the continuation of the negativity, to expect targeting new negative levels that begin at 748.00 and 680.00.

The expected trading range for today is between 860.00 and 790.00

The expected trend for today: Bearish.

The GBPJPY pair approached in its last correctional trading that comes from 130.00 barrier, to increase the chances for renewing the negative attempts, the bearish scenario success requires the repeated stability below the current barrier besides gathering a new negative momentum, to ease the price mission at 128.10 initially, to attempt to press on 126.50 support.

While the price rally above the current resistance will increase the chances for forming a bullish correctional trading, to target 131.70 level reaching to the critical resistance at 133.00.

The expected trading range for today is between 130.00 and 128.10

The expected trend for today: Bearish