Gold price attempts to break 1850.00 level, motivated by stochastic negativity, organized inside the bearish channel that appears on the chart, reinforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that our next targets start at 1820.00 and extend to 1780.25 as next main stations, reminding you that it is important to hold below 1864.00 to continue the expected decline.
The expected trading range for today is between 1830.00 support and 1870.00 resistance.
The expected trend for today: Bearish