Gold price shows some bearish bias affected by the strength of the intraday bullish channel’s resistance that appears on the chart, and it might lean on this channel’s support line around 2020.00 before resuming the bullish trend again.
Until now, the main bullish trend scenario still expected unless breaking 2000.00 and holding below it, reminding you that our next targets start at 2075.00 and extend to 2100.00.
The expected trading range for today is between 2030.00 support and 2080.00 resistance.
The expected trend for today: Bullish
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