FX.co ★ GOLD Intraday Technical analysis

The gold broke the intermediate resistance of its medium term bearish channel in 1758 leading to an acceleration. A pull back on these levels is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1758 with a 1st objective of 1769, then 1772. A break in 1756 would invalidate this scenario.