FX.co ★ GOLD Intraday Technical analysis

Gold approaching the lower limit of its medium-term bullish channel to 1510 suggesting an rebound in the short term. 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 1510 with a 1st objective of 1524, then 1529. A break in 1508 would invalidate this scenario.