Gold price tested 2002.00 level and kept its stability below it, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the correctional bearish trend, which targets testing 1960.00 as a next station.
Note that breaking the mentioned level will extend the bearish wave to reach 1925.35, while breaching 2002.00 represents positive factor that will stop the expected decline and lead the price to regain the main bullish trend again.
The expected trading range for today is between 1960.00 support and 2010.00 resistance.
The expected trend for today: Bearish
Reprinted from Economies，the copyright all reserved by the original author.
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