Quotes Gold XAU/USD continue to move near the area of 1270. It is worth to wait for the test of the level of 1272 and the beginning of the fall of quotations and Gold prices in the area below the level of 1240. In favor of the drop, a resistance line test will be performed on the indicator of relative strength index (RSI).
XAU/USD forecast & technical analysis GOLD on August 4, 2017
Cancellation of the variant of the fall of quotations XAU/USD will be a strong growth and breakdown of the region 1275, which will indicate the continued growth in prices for gold.
XAU/USD forecast & technical analysis GOLD on August 4, 2017 implies an attempt to fall below 1240, the dropping of the fall variant will be the growth and breakdown of the 1275 area, a downtrend test on the relative strength indicator will be a strong signal in favor of the fall.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link