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FX.co ★ GOLD Intraday Technical analysis

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Forex Analysis:::2011-06-13T06:31:30

GOLD Intraday Technical analysis

GOLD Intraday Technical analysis

Gold is currently testing the lower limit of its medium-term bullish channel at 1526 suggesting a rebound. However a break of these levels would initiate a new trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1526 with a 1st objective of 1536, then 1539. A break in 1524 would invalidate this scenario.

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