Gold is currently testing the intermediate resistance of its medium-term bullish channel in 1648 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1702.
According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1648 with a 1st objective of 1660, then 1665. A break in 1645 would invalidate this scenario.
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