XAU/USD: between 1203.00 and 1218.00. Technical analysis as of 03.06.2016.

Forex analytics: Review and evolution In anticipation of May's US labor market statistics, USD quotes are trading in a narrow range this week between a support level of 1203.00 (ЕМА144 on the daily chart) and a resistance level of 1218.00 (23,6% Fibonacci retracement to a descending wave since October 2012 and the lower line of an ascending channel on the daily chart).Investors demonstrate cautious behaviour ...