FX.co ★ GOLD Intraday Technical analysis

The gold test the upper limit of its medium term bearish channel in 1815 suggesting a decline. However a break of these levels would free up significant potential and initiate a new trend.

According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1815 with a 1st objective of 1826, then 1830. A break in 1813 would invalidate this scenario.