Gold price continues to fluctuate near the intraday bearish channel’s resistance, as long as the price is below 1316.65, so our bearish trend expectations will remain valid for today, reminding you that our next targets are located at 1300.00 then 1286.70, while breaching 1316.65 represents a key for achieving extra gains that extend to 1342.00 then 1365.05.
The expected trading range for today is between 1286.00 support and 1320.00 resistance.
The expected trend for today: Bearish