XAU/USD forecast & technical analysis GOLD on August 3, 2017


Quotes Gold XAU/USD continue to move as part of the completion of the Wedge model. It is worth waiting for the attempt of growth of quotations and prices for Gold in the area above the level of 1270 and the beginning of the fall below the level of 1245.

XAU/USD forecast & technical analysis GOLD on August 3, 2017

In favor of falling quotations XAU/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotations will be a strong growth and breakdown of the area 1275.

XAU/USD forecast & technical analysis GOLD on August 3, 2017

XAU/USD forecast & technical analysis GOLD on August 3, 2017 assumes an attempt to test the level of 1270 and the beginning of the fall to the area below the level of 1245, the breakdown of the breakdown of the area of ​​1275 will indicate that the price of GOLD will continue to increase.


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