XAU/USD: Pullback from the level of 1300.00. Technical analysis of 04.05.2016.

Forex analytics:Review and dynamicsOn Monday, the price of gold broke out the level of 1300.00, reaching annual highs. However, closing price was lower than the opening price. On Tuesday the USD started to rise and today, the pair XAU/USD has been declining since the opening of the trading day. At the end of trades at COMEX on Tuesday, June futures of gold fell by 0.3% to 1291.80 USD per troy ounce. By now, ...