Gold price shows some bullish bias, on its way for a new test to 1208.40 level, and as long as the price is below this level, our bearish overview will remain active, which its targets begin by breaking 1190.00 to confirm rallying towards our main targets at 1180.00 followed by 1160.00, reminding you that breaching 1208.40 will turn the intraday track to rise to visit 1220.00 level initially.
Expected trading range for today is between 1175.00 support and 1208.00 resistance.
Expected trend for today: Bearish