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Dukascopy Dukascopy PRO XAUUSD, 60,
XAUUSD: XAU/USD soars to 1,259.00
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XAUUSD, 60
XAU/USD soars to 1,259.00

XAU/USD soars to 1,259.00 After forming an inverse head and shoulders pattern and bouncing off from the weekly S2 at 1,235.93 the yellow metal managed to advance by 1.23% against the buck. In daily perspective the surge the is expected to last until the rate makes a new rebound either from the 1,263.63 resistance level or from a combination of the 200-day SMA and ...

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