XAU/USD: the medium-term downward trend persists2018-02-13 Gold Current trendAfter a significant decline at the beginning of the last trading week, the price for gold hit the key support level of 1309.00, reversed and rushed up.The upward momentum increased, and, in a few days, gold gained more than USD 15. Now the instrument has almost reached the upper border of the descending range and important resistance levels of 1330.50, 1335.00. The pair remains in the downward channel. The growth was d…