FX.co ★ GOLD Intraday Technical analysis

Gold has broken the intermediate resistance of its medium-term bullish channel to 1482 resulting in an acceleration. A pull back on these levels is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1482 with a 1st objective of 1493, then 1496. A break in 1480 would invalidate this scenario.