Gold price shows bearish bias to approach testing the key support 1860.90, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend scenario valid and active for the upcoming period, waiting to surpass 1875.00 to ease the mission of heading towards 1901.80 that represents our first main station, noting that breaking 1860.90 will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 1855.00 support and 1895.00 resistance.
The expected trend for today: Overall Bullish