XAU/USD Forex Forecast Gold prices on August 8, 2017


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Quotes Gold XAU/USD continue to move as part of the completion of growth. At the moment, we should expect an attempt to test the area 1265 and continue the decline in prices of gold in the region below the level of 1225.

XAU/USD Forex Forecast Gold prices on August 8, 2017

In favor of falling quotations XAU/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall option will result in a strong growth and a robbery of the area of ​​1275, which will indicate the continued growth of XAU/USD.

XAU/USD Forex Forecast Gold prices on August 8, 2017

XAU/USD Forex Forecast Gold prices on August 8, 2017 suggests an attempt to lower to the area below the level of 1225 within the trend line test on the relative strength indicator (RSI), the breakdown of the region 1275 will come, in which case it is expected to continue the growth of prices for Gold.


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