Quotes of Gold XAU/USD continue to move in the fall. At this point, we should expect a rebound and a rise in gold prices above the level of 1335 as part of the development of the bull model of the Wolf wave. Whence again it is necessary to expect a fall in the price of Gold with a target below the level of 1295.
XAU/USD forecast Forex GOLD on September 15, 2017
In favor of falling quotations XAU/USD will perform a bearish resistance line test on the indicator of relative strength index (RSI). 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 15, 2017 assumes a test of the 1335 level, from which it is expected to continue falling with a potential target near the level of 1295, an additional signal in favor of the decline will be a test of the trend line on the indicator of relative strength index (RSI).
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