Gold Price Analysis Expected Scenario Gold price continues to fluctuate at the neckline of the head and shoulders pattern, and we still keep our bearish overview that targets $2272.05 as a first station, noting that the mentioned pattern has additional targets that extend to $2217.10. In general, the negative scenario will remain valid and active unless the price rallied to breach $2340.10 followed by $2360.00 levels and hold above them. Expected Trading Range The expected trading range for today is between $2300.00 support and $2340.00 resistance.

Trend Forecast: Bearish Read more: Will Gold price reach 3000$ areas?