FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the lower limit of its medium-term bullish channel to 1486 suggesting a rebound. However a break of these levels would initiate a new trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1486 with a 1st objective of 1500, then 1507. A break in 1484 would invalidate this scenario.