Quotes Gold XAU/USD close the trading week near the area of 1255. Quotes continue to be traded within the «Triangle» model. It is worth waiting for an attempt to grow into the area above the level of 1285.
XAU/USD weekly forecast on June 26 — 30, 2017
In favor of the growth of quotes is a rebound from the support area on the indicator of relative strength index (RSI). Cancellation of the growth option will be a breakdown of the 1225 area, which will indicate that the price of XAU/USD will continue to fall below 1180. With the breakdown of the upper limit of the «Triangle» model, one should expect an acceleration in the growth of gold prices.
XAU/USD weekly forecast on June 26 — 30, 2017 suggests an attempt to increase to the upper boundary of the «Triangle» at the level of 1285, cancellation will be a breakdown of the 1225 area, in which case it is expected to continue the decline in quotes and prices for Gold.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
