Fri, 13 Jan 2017 14:06:57 GMT
XAU/USD 4H Chart: Channel Up
The yellow metal is surging in an ascending channel, as the bullion recently broke out of a long term descending channel. Although, the large channel's upper trend line had not been tested much and was passed after two attempts. Recently the just mentioned trend line provided support to the commodity price, which confirms that gold is set to continue to