Gold price continues to fluctuate around 1797.00 level, and the EMA50 forms continuous negative pressure against the price, to keep the chances valid to break the mentioned level and head towards 1770.00 as a next station.
In general, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 1825.15.
The expected trading range for today is between 1775.00 support and 1815.00 resistance.
The expected trend for today: Bearish