Wed, 12 Sep 2012 20:26:47 GMT
XAU/USD heading towards weekly PP at 1.27
The bullish correction, which started yesterday, did not manage to continue, as today the XAU/USD exchange rate experienced a small bearish reaction. At particular moment the price is heading towards the weekly PP at 1727, which will probably bring some bullish impulse. However, if it is breached, then next support at 1700 (weekly S1) is expected to stop the prevailing