Gold price fluctuates near 1556.70 level and still below it, noticing that stochastic shows overbought signals now, waiting to motivate the price to decline in the upcoming sessions, to keep the bearish trend scenario valid for today, as our next target is located at 1519.00, reminding you that it is important to hold below 1556.70 to continue the expected decline.
The expected trading range for today is between 1530.00 support and 1560.00 resistance.
The expected trend for today: Bearish