FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the horizontal support of its medium-term bullish channel at 1345 and seems to start a rebound. However a break of these levels would entail a return to the lower limit of its channel to 1325.

According to previous events, the market indicates a bullish opportunity on the levels of 1345 with a 1st objective of 1356, then 1358. A break in 1343 would invalidate this scenario.