FX.co ★ GOLD Intraday Technical analysis

The gold approach to the lower limit of its medium term bearish channel in 1585 suggesting a rebound. However a break of these levels would entail a bearish channel more violent.

According to previous events, the market indicates a bullish opportunity on the levels of 1585 with a 1st objective of 1600, then 1605. A break in 1582 would invalidate this scenario.