FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the lower limit of its medium-term bullish channel at 1367 suggesting a rebound. However a break of these levels would release a large downside potential and initiate a new trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1367 with a 1st objective of 1377, then 1381. A break of 1365 would invalidate this scenario.