Quotes Gold XAU/USD continue to move within the framework of strong growth. At the moment, we should expect a test of the support area near the level of 1325, where again we should expect a rebound and growth of quotations and GOLD prices above the level of 1350.
XAU/USD forecast & technical analysis GOLD on September 5, 2017
In favor of the growth of XAU/USD quotations, the trend line test will be performed on the relative strength indicator (RSI). Expect the acceleration of growth is with the breakdown of the level of 1315. The abolition of the variant of the growth of the price for GOLD will be the breakdown of the area 1290, which will indicate the continuation of the decline in quotations XAU/USD for the purpose below the area of 1265.
XAU/USD forecast & technical analysis GOLD on September 5, 2017 assumes a test of the support level near the 1320 area, from which we expect a rebound and a price increase above the level of 1350, an additional signal for the growth of the Gold price will be a trend line test on the relative strength indicator (RSI).
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