The tight range dominates gold prices trades since morning, which keeps fluctuating around the EMA50, thus, no change to the expected bearish trend for today, which depends on the price stability below 1977.25, supported by stochastic loss to the positive momentum clearly, reminding you that our main waited target is located at 1945.20.
The expected trading range for today is between 1945.00 support and 1977.00 resistance.
The expected trend for today: Bearish