Gold price resumes its negative trading to press on 1635.00 level, to support the expectations of continuing the bearish trend for the rest of the day, which its next main target located at 1615.00, supported by moving below the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 1660.00.
The expected trading range for today is between 1615.00 support and 1660.00 resistance.
The expected trend for today: Bearish