XAU/USD: The pair will continue to rise in the ascending channel. Technical analysis for 08.08.2016

Forex analytics: Review and dynamics Positive data on the US labor market for July, released last Friday, has triggered the rise in the USD against major counterparts, including the pair XAU/USD. However, continuing instability of the global financial markets, and low probability of the rate hike in the USA before the end of this year support high demand for gold. Last Friday the pair XAU/USD fell by over 240 ...