Thu, 20 Sep 2012 20:32:09 GMT
XAU/USD breaches monthly R2 at 1764
Today the XAU/USD exchange rate experienced a slight bearish reaction, which has already managed to breach the monthly R2 at 1764, and at the particular moment the price faces the weekly PP at 1756, which might bring some bullish impulse. In case it is broken, then the exchange rate might decline until the weekly S1 at 1734, which in turn