XAU/USD prediction & technical analysis on September 22, 2017


Quotes of Gold XAU/USD continue to move in the fall. At this point, we should expect a test of the level of 1305 and the continuation of the fall in gold prices below the level of 1275. In favor of falling quotations XAU/USD will perform a downtrend test on the indicator of relative strength index (RSI).

XAU/USD prediction & technical analysis on September 22, 2017

To expect the acceleration of the fall is with the breakdown of the level of 1290. The abolition of the variant of the fall in the price of GOLD will be the breakdown of the area of ​​1320, which will indicate the continued growth of XAU/USD above the level of 1350.

XAU/USD prediction & technical analysis on September 22, 2017

XAU/USD prediction & technical analysis on September 22, 2017 involves an attempt to test the resistance level and continue the decline to below 1275, an additional signal in favor of the fall will be the trend line test on the relative strength indicator (RSI), the abolition of the drop in GOLD prices will be a breakdown area 1320.


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