Fri, 03 Feb 2017 08:52:10 GMT
XAU/USD 4H Chart: Channel Up
After numerous requests by Dukascopy traders, a review of the yellow metal is published as a Trade Pattern Idea. The bullion is simultaneously in two ascending channels. The medium term channel is a representation of the metal's rebound against the 23.60% Fibonacci retracement level at 1,182.48 and the lower trend line of the long term ascending channel at 1,181.02. Most