Gold price tested the first resistance line 1411.00 and keeps its stability below it, to keep the correctional bearish trend scenario active until now, reminding you that breaking 1400.00 will confirm extending the bearish wave towards 1376.30, while the expected decline will remain valid unless breaching 1411.00 followed by 1420.00 levels and holding above them.
The expected trading range for today is between 1380.00 support and 1420.00 resistance.
The expected trend for today: Bearish