FX.co ★ GOLD Intraday Technical analysis

The gold came to test the upper limit of its bullish channel and seems to initiate a decline. A return on its horizontal support фе1417 is therefore feasible in the short term.

According to previous events, the market indicates a bullish opportunity on the levels of 1417 with a 1st objective of 1427, then 1435. A break in 1415 would invalidate this scenario.