Fri, 26 Sep 2014 12:04:12 GMT
XAU/USD 4H Chart: Falling Wedge
Soon after the bullion failed to rally above 1,345.44 this July, the bears took control of the market and forced the exchange rate to decline almost to 1,200. And even though the daily and weekly technical indicators imply further depreciation of the metal, there are signals the sell-off may soon give way for a recovery, such as an emergence of