XAU/USD: the pair has returned to resistance level of 1257.00

Forex analytics: ncertainty of future monetary policy in Europe has caused risk aversion among investors as they prefer to invest safe-haven assets, such as the Yen, gold and precious metals.The rise in price of gold has been continued since the end of last week. Since the beginning of this year gold has grown by 18%.Gold has returned to the strong resistance level of 1257.00, which is crossed by the upper ...