FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the intermediate support of its medium-term bullish channel at 1535 suggesting a rebound. However a break of these levels would entail a return to the lower limit of this one to 1519.

According to previous events, the market indicates a bullish opportunity on the levels of 1535 with a 1st objective of 1545, then 1550. A break in 1533 would invalidate this scenario.