FX.co ★ GOLD Intraday Technical analysis

The gold came to test the resistance through its short term bullish channel to 1389 and declined. A return to the lower limit of the channel at 1381 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 at 1391, then 1395. A break of 1379 would invalidate this scenario.