Gold price trades with strong negativity to break 1700.00 barrier and approaches our first waited target at 1692.00, which support the continuation of our bearish overview efficiently for the rest of the day, reminding you that surpassing the mentioned level will extend the bearish wave to reach 1665.00 as a next main station, while the expected decline will remain valid unless breaching 1720.00 and holding above it.
The expected trading range for today is between 1690.00 support and 1720.00 resistance.
The expected trend for today: Bearish