10/12/14 XAU/USD Gold prices breaks above 80 day average for the first time since August

Gold rush sees prices rise above the 80 days average for the first time since August as dollar scares pushed investors to safer assets.

A breakthrough above the downtrend line of lower highs sees price of Gold head towards October heights.

Gold bulls traded shy of 1239 as the market watches the resistance of 1228 which could imply a return to 1215 - 1200 levels if broken.