FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the lower limit of its medium-term bullish channel at 1375 and seems to start a rebound. However a break in this area would release significant potential and initiate a new trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1375 with a 1st objective of 1392, then 1398. A break of 1373 would invalidate this scenario.