FX.co ★ GOLD Intraday Technical analysis

Gold approaching to the lower limit of its medium term bullish channel in 1806 suggesting a 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 1806 with a 1st objective of 1826, then 1829. A break in 1803 would invalidate this scenario.