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FX.co ★ GOLD Intraday Technical analysis

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Forex Analysis:::2010-12-28T09:40:25

GOLD Intraday Technical analysis

GOLD Intraday Technical analysis

This morning gold has broken resistance through its medium term bullish channel to 1389 and seems to be making a pullback on this area before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1389 with a 1st objective of 1397, then 1402. A break of 1387 would invalidate this scenario.

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