Quotes Gold XAU/USD close the trading week near the area of 1353. Quotes continue to move within the upward momentum. At the moment, prices are testing the area of the upper border of the uplink. It is worth expecting a rebound attempt and the beginning of the fall in gold prices in the support area near the level of 1295.
XAU/USD weekly forecast on September 11 — 15, 2017
In favor of falling quotations and the price of Gold is the test of the resistance area on the indicator of relative strength index (RSI). The cancellation of the variant of XAU/USD price fall will be the breakdown of the area 1365, which will indicate the continued growth of prices for GOLD with a potential target near the area of 1405.
XAU/USD weekly forecast on September 11 — 15, 2017 suggests a rebound from the upper boundary of the channel to fall near the level of 1295, an additional signal is the test of the resistance area on the indicator of relative strength index (RSI), the cancellation of the fall in gold prices will be strong growth and breakdown of the region 1365.