Gold price provided negative trades to move away from the EMA50, reinforcing the expectations of continuing the bearish trend for the rest of the day, which targets 1319.26 followed by 1312.00 levels in case breaking the previous level, reminding you that the continuation of the suggested bearish wave depends on the price stability below 1336.20.
The expected trading range for today is between 1310.00 support and 1340.00 resistance.
The expected trend for today: Bearish