Gold price continues to fluctuate within tight track around the EMA50, which keeps our bearish overview valid without any change, which targets testing 1797.00 level initially, noting that breaching 1825.15 will stop the expected decline and lead the price to continue the rise within the bullish channel that appears on the chart.
The expected trading range for today is between 1790.00 support and 1825.00 resistance.
The expected trend for today: Bearish