Gold price shows slight bearish bias, noticing that this decline is confined within minor bearish channel that we believe it forms bullish flag pattern, thus, breaching 2821.00$ will provide good positive motive that supports the expectations of continuing the bullish trend in the upcoming period.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 2810.00$ and holding below it, reminding you that our next main target is located at 2850.00$.

 

The expected trading range for today is between 2800.00$ support and 2850.00$ resistance.

 

Trend forecast: Bullish