Quotes Gold XAU/USD continue to move near the area of 1262. It is worth to expect an attempt to lower GOLD prices in the area below the level of 1245. In favor of falling quotations XAU/USD is the trend line test on the indicator of relative strength index (RSI).
XAU/USD forecast & technical analysis on July 28, 2017
The abolition of the fall option will be a strong growth and breakdown of the level of 1270, which will indicate the continued growth of Gold. Expect to accelerate the fall is with the breakdown of the level of 1240.
XAU/USD forecast & technical analysis on July 28, 2017 suggests a rebound attempt in the area below the level of 1245, the cancellation of the fall variant will be a breakdown of the level of 1270, in which case it is necessary to expect the continuation of the price increase.
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