FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the intermediate support of its medium term bearish channel in 1770 suggesting a rebound. However a break of these levels would initiate a return to the lower limit of its channel to 1748.

According to previous events, the market indicates a bullish opportunity on the levels of 1770 with a 1st objective of 1782, then 1784. A break in 1768 would invalidate this scenario.