Gold price shows positive trades to test 1797.00 level, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 1770.00.
The expected trading range for today is between 1770.00 support and 1805.00 resistance.
The expected trend for today: Bearish