09-05-2016 11:17 via liteforex.com

XAU/USD: in the upward channel Technical analysis

Forex analytics: Review and dynamicsBy the end of trades last Friday, June futures for gold at COMEX rose to the level of 1294.00 USD per ounce, increasing by 1.7%. Spot-price was at the level of 1287.00, increasing by 10 USD per ounce.Since the beginning of this year the price of gold has increased by almost 24%, from the level of 1048.00 USD per ounce due to uncertainty in the global financial market. The ...
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