Gold shows weak trading since morning keeping its’ stability above EMA50, while we still waiting a daily close above 1731.00 to confirm the bullish bias continuation on the intraday and short term basis.
Neutrality is needed now and the price might be forced to move lower a little affected by Stochastic negativity.
Expected trading range for this week is between: 1692.00 support and 1770.00 resistance.
Expected trend for today: Neutral