Gold traded bearishly in the Asian session, but it remains trapped within a tight range after touching 1260.00, which is a 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