XAU/USD forecast GOLD prices on December 28, 2017


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Quotes of GOLD XAU/USD continue to move within the limits of growth. At the moment, we should expect an attempt to test the lower border of the channel near the area of ​​1277 and continue the growth above the level of 1305. In favor of the growth of quotations XAU/USD will perform a test of the support line on the indicator of relative index (RSI).

XAU/USD forecast GOLD prices on December 28, 2017

The cancellation of the variant of the price increase for GOLD will be the breakdown of the 1270 area, which will indicate the breakdown of the lower border of the channel 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 1295.

XAU/USD forecast GOLD prices on December 28, 2017

XAU/USD forecast GOLD prices on December 28, 2017 suggests an attempt to test the lower border of the channel near the area of ​​1277 and the continuation of the growth of quotations with the target above the level of 1305, the cancellation of the variant of the growth of prices for GOLD will break through the level of 1270.


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