Gold is currently testing the intermediate resistance of its medium-term bullish channel in 1835 suggesting a decline . However a break of these levels would allow it to reach the upper limit of its channel to 1920.
According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1835 with a 1st objective of 1855, then 1860. A break in 1832 would invalidate this scenario.
