Gold traded bearishly in Asian session, but it remains trapped within a tight range after touching 1260.00, which is negative signal.
RSI is negative, but ADX needs a stable move below 1247.00. Anyway, we are bearish, aiming to see the pair below 1247.00 to extend the moves.
Support: : 1247.00 – 1235.00 – 1227.00
Resistance: 1260.00 – 1272.00 – 1271.00
Direction: Bearish below 1247.0
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