Gold prices attempted to break the minor support 1929.00 but it returns to fluctuate above it, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the bearish bias to head towards our next main target at 1913.15.
Therefore, our bearish overview will remain valid and active, organized inside the bearish channel that appears on the chart, noting that breaking the targeted level will extend the bearish wave to reach 1873.50 areas, while breaching 1945.20 will stop the expected decline and lea the price to attempt to regain the main bullish trend again.
The expected trading range for today is between 1915.00 support and 1945.20 resistance.
The expected trend for today: Bearish