Gold is currently testing the upper limit of its medium term bullish channel in 1891 suggesting a decline. However a break of these levels would allow it to initiate a bullish trend more violent.
According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1891 with a 1st objective of 1905, then 1915. A break in 1888 would invalidate this scenario.
