XAU/USD forecast Forex GOLD on September 14, 2017


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Quotes of Gold XAU/USD continue to move in the fall. At this point, we should expect a breakdown in the level of support and the continuation of the fall in GOLD prices in the region below the level of 1300. In favor of falling quotations XAU/USD will perform a test of the broken resistance line on the indicator of relative strength index (RSI).

XAU/USD forecast Forex GOLD on September 14, 2017

To expect the acceleration of the fall is with the breakdown of the level of 1320. The cancellation of the variant of the fall in the price of Gold will be the breakdown of the area of ​​1345, which will indicate the continuation of the growth of quotations XAU/USD for the purpose above the area of ​​1365.

XAU/USD forecast Forex GOLD on September 14, 2017

XAU/USD forecast Forex GOLD on September 14, 2017 implies an attempt to break the channel’s border and continue the decline to the area below the level of 1300, an additional signal in favor of the decline will be a test of a broken trend line on the indicator of relative strength index (RSI).

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