Gold price shows bearish rebound signals now, to support the expectations of continuing the overall bearish trend, supported by the EMA50 that presses negatively on the price, organized inside the bearish channel that appears on the chart, reminding you that oiur man waited target is located at 1204.80, while achieving it conditions holding below 1243.00.
Expected trading range for today is between 1216.00 support and 1243.00 resistance.
Expected trend for today: Bearish