FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the intermediate support of its medium-term bullish channel at 1542 and seems to start a rebound. However a break of these levels would entail a return to 1528.

According to previous events, the market indicates a bullish opportunity on the levels of 1542 with a 1st objective of 1559, then 1565. A break in 1539 would invalidate this scenario.