FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing resistance through its medium term bearish channel at 1386. A break of these levels would achieve its resistance to 1401.

According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1386 with a 1st objective of 1401, then 1407. A break of 1384 would invalidate this scenario.