Gold price shows some slight bearish bias now that hints resuming the expected bearish trend for today, waiting for more decline to test 1190.00 level initially, which breaking it represents the key to rally towards 1180.00 followed by 1160.00 levels.
Therefore, we will continue to suggest the bearish trend unless breaching 1208.40 level and holding above it.
Expected trading range for today is between 1180.00 support and 1208.00 resistance.
Expected trend for today: Bearish