Quotes Gold XAU/USD continue to move within the bullish momentum. At this point, we should expect an attempt to rebound and fall of quotations and prices for GOLD in the area below the level of 1275. In favor of falling quotations XAU/USD is the resistance line test on the indicator of relative strength index (RSI).
XAU/USD forecast & technical analysis GOLD on August 29, 2017
Expect to accelerate the fall is with the breakdown of the lower boundary of the bullish channel. 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.
XAU/USD forecast & technical analysis GOLD on August 29, 2017 suggests a fall attempt near the 1275 level, an additional signal in favor of the decline is the resistance line test on the relative strength indicator (RSI), the cancellation will be a strong growth and breakdown at level 1305.
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