Quotes Gold XAU/USD continue to move within the bullish momentum. At this point, we should expect a test level of 1295. In favor of falling quotations XAU/USD is the formation of the reversal model of the «Head and Shoulders» on the indicator of relative strength index (RSI).
XAU/USD forecast & technical analysis GOLD on August 18, 2017
The cancellation of the variant of the fall in the price of Gold will be the breakdown of the area 1305, which will indicate the continuation of the growth of quotations. Expect to accelerate the fall of quotations is with the breakdown of the area 1275.
XAU/USD forecast & technical analysis GOLD on August 18, 2017 suggests an attempt to increase to an area above the level of 1295, from which it is expected to expect a rebound and a drop in quotations and GOLD prices with a target below the level of 1250.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
