Quotes of Gold XAU/USD continue to move within the bullish channel. At the moment, we should expect a rebound in the area of 1345, where again we should expect a fall in quotations and Gold prices below 1305. In favor of the growth of XAU/USD quotes, the support line test on the indicator of relative strength index (RSI) is in favor.
XAU/USD forecast Forex GOLD on September 12, 2017
Expect the acceleration of the fall is with the breakdown of the level of 1330. The abolition of the variant of the fall in the price of Gold will be the breakdown of the area of 1360, which will indicate the continuation of the growth of quotations XAU/USD for the target above the area of 1380.
XAU/USD forecast Forex GOLD on September 12, 2017 assumes a test of the level of 1345, from which one should expect a rebound and a decrease in the Gold price below the level of 1305, the breakdown of the breakdown of the region will be 1365.
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