FX.co ★ GOLD Intraday Technical analysis

Gold has broken yesterday the intermediate support of its medium-term bullish channel at 1453 resulting in a strong acceleration. A return on the lower limit of its channel in 1436 is possible in the short term.

According to previous events, the market indicates a bullish opportunity on the levels of 1436 with a 1st objective of 1453, then 1456. A break in 1433 would invalidate this scenario.