FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the upper limit of its medium-term bearish channel at 1344. A break of these levels would free up significant potential and begin an upward trend.

According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1344 with a 1st objective of 1353, then 1357. A break in 1342 would invalidate this scenario.