Gold price shows negative trading to move below 1503.24, providing signals for a potential decline in the upcoming sessions, and it might test 1483.60 level before resuming the bullish trend again.
In general, the overall positive scenario active conditioned by holding above 1483.60, and the price needs to trade above 1503.24 again, to confirm resuming the bullish trend that its initial target located at 1535.00.
The expected trading range for today is between 1490.00 support and 1520.00 resistance.
The expected trend for today: Bullish