Gold Price Analysis Expected Scenario Gold price settles below 2340.10$ level, and didnt show any strong move since morning, to keep the bearish trend scenario valid and active for today, which depends on the price stability below the mentioned level, supported by the EMA50, reminding you that we are waiting to visit 2272.06$ as a next main target. Expected Trading Range Between 2305.00$ support and 2340.00$ resistance.

Trend Forecast: Bearish