Gold price couldn’t hold for long time above 1960.00, to trade negatively and head towards testing 1925.35 level in the upcoming sessions, making the bearish bias suggested for the rest of the day supported by stochastic negativity, noting that breaching 1960.00 and holding above it will lead the price to resume the bullish track that its next target located at 2000.00.
The expected trading range for today is between 1930.00 support and 1985.00 resistance.
The expected trend for today: Bearish for the rest of the day
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