FX.co ★ GOLD Intraday Technical analysis

Gold is approaching the lower limit of its medium-term bullish channel to 1527 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 1527 with a 1st objective of 1539, then 1543. A break in 1525 would invalidate this scenario.