XAU/USD: breakout of the level of 1210.00 is required

Forex analytics: Since the beginning of the year the price of gold has grown by almost 20%. Today gold went up from the level of 1063.00 to the highs of the month at the level of 1263.00 recorded 2 weeks ago. The price has reached $200 per ounce. However, on the weekly chart the price rebounded from the strong resistance levels of 1255.00 (ЕМА200) and 1235.00 (ЕМА144) and continue to decline.On the weekly ...