FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the lower limit of its medium term bullish channel to 1515 and seems to initiate rebound. 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 1515 with a 1st objective of 1525, then 1528. A break in 1513 would invalidate this scenario.