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FX.co ★ GOLD Intraday Technical analysis

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Forex Analysis:::2011-12-13T11:37:10

GOLD Intraday Technical analysis

GOLD Intraday Technical analysis

the gold is currently testing the intermediate support of its medium term bullish channel in 1650 suggesting a rebound. However a break of these levels would entail a return to the lower limit of this one to 1630.

According to previous events, the market indicates a bullish opportunity on the levels of 1650 with a 1st objective of 1660, then 1665. A break in 1648 would invalidate this scenario.


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