Gold price traded with clear positivity after finding solid support at 1933.30, to test the minor resistance 1943.00, and we notice that stochastic lost its positive momentum clearly and begins to overlap negatively now, which forms negative motive that makes us suggest the bearish bias in the upcoming sessions, waiting to test 1933.30 again, reminding you that breaking it will push the price to 1909.80 as a next main target.
The EMA50 continues to support the suggested bearish wave, taking into consideration that consolidating above 1943.00 will lead the price to achieve more gains and test 1962.35 as a main positive station.
The expected trading range for today is between 1925.00 support and 1955.00 resistance.
The expected trend for today: Bearish