FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the upper limit of its medium-term bullish channel at 1435 and seems to initiate a return. However a break of these levels would allow him to begin an uptrend more violent.

According to previous events, the market indicates a bearish opportunity on the levels of 1435 with a 1st objective of 1417, then 1405. A break in 1437 would invalidate this scenario.