FX.co ★ GOLD Intraday Technical analysis

Gold is approaching the intermediate resistance of its medium-term bearish channel at 1430. A break of these levels would reach the upper limit of its channel at 1439.

According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1430 with a 1st objective of 1439, then 1443. A break in 1428 would invalidate this scenario.