Quotes Gold XAU/USD close the trading week near the area of 1287. Quotes continue to move within the lateral trend. It is worth waiting for the test of the resistance area test near the area of 1295 and the beginning of the fall to the area below the level of 1210.
XAU/USD weekly forecast on August 14 — 18, 2017
In favor of falling quotations and prices for Gold is the resistance line test on the indicator of relative strength (RSI). The abolition of the fall option will be a strong growth and breakdown of the region 1310, which will indicate the continued growth of XAU/USD.
XAU/USD weekly forecast on August 14 — 18, 2017 suggests a rebound from the resistance level with the potential downside target near the level of 1210, an additional signal is the trendline test on the relative strength indicator (RSI), the dropping of the fall variant will be a strong growth and breakdown at level 1310.
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