Analysis of Expected Scenarios Gold price shows slight negative trades now to hint the attempt to resume the expected correctional bearish trend, motivated by stochastic negativity, waiting to head towards 2260.60$ as a next main target. The EMA50 continues to press negatively on the price to support the expectations to decline, which will remain valid unless the price rallied to breach 2325.90$ followed by 2343.00$ levels and holding above them. The expected trading range for today is between 2295.00$ support and 2335.00$ resistance.

Trend forecast: Bearish