Gold price shows slight bearish trading in attempt to trade below 1485.00 again, keeping the bearish trend scenario valid and active for today, supported by the negative pressure that comes from the EMA50, waiting for visiting 1447.00 level that represents our next main station, pointing that stochastic current negativity supports the expected decline, which will remain valid conditioned by holding below 1492.00 level.
The expected trading range for today is between 1465.00 support and 1500.00 resistance.
The expected trend for today: Bearish