FX.co ★ GOLD Intraday Technical analysis

Gold has broken this morning strength through its medium-term downtrend channel at 1381 leading to an acceleration. A pullback to this area is feasible in the short term.

According to previous events, the market indicates a bullish opportunity on the levels of 1381 with a 1st objective of 1392, then 1397. A breakthrough of 1379 would invalidate this scenario.