Gold - Technical Analysis: Thursday, 07/07/2017 02:59 GMT

Gold price shows calm bearish bias to approach from our waited target at 1211.37, to remain inside the minor descending channel that might push the price to break the mentioned level and rally towards the extended target that reach to 1191.52.

Thus, the bearish trend will remain expected for today unless the price managed to rally to the upside to surpass 1231.21 barrier and settle above it.