XAU/USD forecast Forex GOLD on September 20, 2017


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Quotes of Gold XAU/USD continue to move in the fall. At the moment, we should expect a test of the level of 1317 and an attempt to continue falling prices for Gold below the level of 1280. In favor of falling quotations XAU/USD will perform a bearish test on the indicator of relative strength index (RSI).

XAU/USD forecast Forex GOLD on September 20, 2017

Expect the acceleration of the fall is with the breakdown of the level of 1300. The cancellation of the variant of the fall in the price of Gold will be the breakdown of the area of ​​1330, which will indicate the continuation of the growth of quotations XAU/USD above the level of 1350.

XAU/USD forecast Forex GOLD on September 20, 2017

XAU/USD forecast Forex GOLD on September 20, 2017 assumes a test of the level 1317, from where it is expected to continue falling with a potential target near the level of 1280, an additional signal in favor of the drop will be a test of the resistance line on the indicator of relative strength index (RSI).


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