FX.co ★ GOLD Intraday Technical analysis

Gold approach the intermediate support of its medium-term bullish channel to 1499 and seems to start a rebound. However a break of these levels would entail a return to the lower limit of its channel to 1490.

According to previous events, the market indicates a bullish opportunity on the levels of 1499 with a 1st objective of 1510, then 1512. A break in 1497 would invalidate this scenario.