Gold XAU/USD completes the trading week at 1255.44. Gold is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Gold. Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 1250.00, from which one should expect an attempt of growth and further development of the bullish trend for Gold with the target of growth near the level of 1293.00.
Gold prices forecast XAU/USD on June 26 — 30, 2017
Earlier, a weak signal was received for the sale of Gold, due to the crossing of the signal lines at the level of 1261.30. Canceling the growth of Gold quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 1240.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XAU/USD stands with the breakdown of the local maximum area at 1281.00.
- EUR/USD Forecast Euro to Dollar
- BTC/USD Forecast Bitcoin
- ETH/USD Prediction Ethereum
- RIPPLE Forecast & trading signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
