Tue, 01 Sep 2015 14:38:06 GMT
XAU/USD 1H Chart: Triangle
The bullion has recently confirmed the upper trend-line of the triangle pattern, expanding its gains versus the US Dollar. Nevertheless, the bulls failed to test the initial target at 1143 (daily R2), as the precious metal continued to fluctuate below that level, even though the one-hour technical studies are projecting a strong bullish tendency. At the same time, in case