Gold is currently testing the intermediate support of its medium-term bullish channel in 1625 suggesting a rebound. However a break of these levels would entail a return to the lower limit of its channel to 1610.
According to previous events, the market indicates a bullish opportunity on the levels of 1625 with a 1st objective of 1637, then 1640. A break in 1623 would invalidate this scenario.
No comments:
Post a Comment