Quotes of GOLD XAU/USD continue to move within the limits of growth. At the moment, we should expect an attempt to test the support level near the area of 1275 and continue growing above the level of 1295. In favor of the growth of XAU/USD quotes, a support line test will be performed on the relative strength index (RSI).
XAU/USD forecast GOLD prices on December 27, 2017
Cancellation of the variant of the price increase for GOLD will be the breakdown of the 1265 area, which will indicate the break of the trend line and the continuation of the fall into the area below the level of 1245. Expect to accelerate the growth of XAU/USD with a breakdown of the level of 1285.
XAU/USD forecast GOLD prices on December 27, 2017 involves an attempt to test the uptrend line near the 1275 area and the continued growth of quotations above the level of 1295, the cancellation of the GOLD price increase scenario will trigger a breakdown at level 1265.
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