Gold price shows new negative trades after testing 1746.40 level this morning, to keep the bearish trend scenario active for today, reminding you that our next target is located at 1721.65, which breaking it represents the key to rally towards 701.60 as a next negative station, reminding you that the continuation of the bearish wave depends on the price stability below 1746.40 – 1754.00 levels.
The expected trading range for today is between 1715.00 support and 1750.00 resistance.
The expected trend for today: Bearish