Gold price resumes its negative trading to support the continuation of the correctional bearish trend, and the way is open to achieve our waited target at 2260.60$, noting that breaking this level will extend the bearish wave to reach 2207.80$ as a next negative station.
Holding below 2325.90$ is important to the continuation of the expected bearish trend, as breaching it represents initial key to stop the current bearish correction and attempt to return to the main bullish track again.
The expected trading range for today is between 2275.00$ support and 2335.00$ resistance.
Trend forecast: Bearish