Gold is currently testing the upper limit of its medium-term bullish channel at 1546 and seems to initiate a decline. A return on the lower limit of this one to 1526 is therefore possible in the short term.
According to previous events, the market indicates a bullish opportunity on the levels of 1526 with a 1st objective of 1546, then 1551. A break in 1523 would invalidate this scenario.
