FX.co ★ GOLD Intraday Technical analysis

Gold approaching the intermediate resistance of its medium term bullish channel to 1542 suggesting a decline. However a break of these levels would reach the upper limit of this one to 1600.

According to previous events, the market indicates a bearish opportunity on the levels of 1542 with a 1st objective of 1524, then 1520. A break in 1545 would invalidate this scenario.