Gold price trades negatively now to approach 1797.00 level, waiting to break this level to confirm extending the bearish wave and visit 1770.00 as a next main station.
Therefore, the bearish trend scenario will remain valid and active supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 1825.15 to continue the expected decline.
The expected trading range for today is between 1775.00 support and 1820.00 resistance.
The expected trend for today: Bearish