GOLD Intraday Technical analysis

Gold is currently testing the upper limit of its short-term bearish channel in 1833 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its medium-term bullish channel to 1870.

According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1833 with a 1st objective of 1850, then 1853. A break in 1830 would invalidate this scenario.