Greek Bailout Prospects Boost Riskier Currencies, Dampen Demand for USD, JPY

Gold:

There is a very distinct bullish channel on the 4-hour chart, as gold is now trading in the middle of it. As the next significant resistant level is located at the $1,192 price, it seems that the bullish trend has more room to go. This might be a good opportunity for forex traders to join a popular trend.