Thu, 30 Jan 2014 07:39:04 GMT
XAU/USD 1H Chart: Channel Up
The most traded precious metal has been rebounding after a plunge under $1,200 per ounce in the very end of 2013 and since January 22 the bullion followed a pronounced upward trend that has been developing within limits of the wide channel up pattern. Recently, the yellow metal managed to attain a two-month high of 1,279.64 but it failed