Gold price shows slight negative trading in attempt to move away from 1275.30 level, as long as the price is belwo 1282.00, so our bearish trend expectations will remain valid for today, supported by the EMA50, reminding you that our main waited targets begin at 1253.20 and extend to 1231.10 after surpassing the previous level.
The expected trading range for today is between 1260.00 support and 1285.00 resistance.
The expected trend for today: Bearish