FX.co ★ GOLD Intraday Technical analysis

Gold is currently testing the intermediate support of its medium-term bullish channel in 1790 suggesting a rebound. However a break of these levels would entail a return to the lower limit of its channel to 1772.

According to previous events, the market indicates a bullish opportunity on the levels of 1790 with a 1st objective of 1800, then 1805. A break in 1788 would invalidate this scenario.