Quotes of GOLD XAU/USD continue to move within the limits of growth. At the moment, we should expect an attempt to test the upper border of the channel near the 1280 area and continue falling below the level of 1240. In favor of lowering the quotes XAU/USD will break the support line on the indicator of relative strength index (RSI).
XAU/USD forecast GOLD prices on December 26, 2017
Canceling the variant of falling prices for GOLD will be the breakdown of area 1290, which will indicate the breakdown of the upper border of the channel and the continuation of growth in the area above the level of 1310. Expect to accelerate the fall of XAU/USD with a breakdown of 1265 level.
XAU/USD forecast GOLD prices on December 26, 2017 presupposes an attempt to test the upper border of the channel near the 1280 area and the continuation of the drop in quotes below the level of 1250, the cancellation of the GOLD price cutback will trigger a breakdown at level 1290.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
