Quotes of Gold XAU/USD continue to move within the correction. At this point, we should expect a rebound from the support level and growth in the area above 1342. Where again we should expect a fall in quotes and GOLD prices below the level of 1295.
XAU/USD forecast Forex GOLD on September 13, 2017
In favor of falling quotations XAU/USD will perform a test of the broken resistance line on the indicator of relative strength index (RSI). To expect the acceleration of the fall is with the breakdown of the support level and closing below 1315. The cancellation 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 XAU/USD quotations for the purpose above the area of 1380.
XAU/USD forecast Forex GOLD on September 13, 2017 assumes a test of the level 1342, from which it is expected to rebound and lower GOLD prices below the level of 1295, an additional signal will be a test of a broken trend line on the indicator of relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
