Gold price fluctuates within sideways track since morning, keeping its stability below 1692.00, to keep the negative pressure valid for today, supported by the EMA50, waiting to resume the bearish trend that its next target located at 1665.00, reminding you that it is important to hold below 1692.00 to continue the expected decline.
The expected trading range for today is between 1660.00 support and 1695.00 resistance.
The expected trend for today: Bearish