FX.co ★ GOLD Intraday Technical analysis

Gold approaching the lower limit of its medium-term bullish channel to 1531 suggesting a rebound on these levels. However a break of this area would initiate a new trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1531 with a 1st objective of 1544, then 1547. A break in 1529 would invalidate this scenario.