XAU/USD forecast Forex GOLD on September 19, 2017


Quotes of Gold XAU/USD continue to move in the fall. At the moment, one should expect a level 1305 level and an attempt to raise gold prices above the level of 1350 as part of the development of the bull model of the Wolfe wave.

XAU/USD forecast Forex GOLD on September 19, 2017

Whence again it is necessary to expect a fall in the price of GOLD with a target below the level of 1295. In favor of the growth of quotations XAU/USD will perform a test of the support area on the indicator of relative strength index (RSI). Expect the acceleration of growth is with the breakdown of the level of 1320. Cancellation of the variant of the growth of the price for GOLD will be the breakdown of the area of ​​1295, which will indicate the continuation of the decline in quotations XAU/USD for the purpose below the area of ​​1265.

XAU/USD forecast Forex GOLD on September 19, 2017

XAU/USD forecast Forex GOLD on September 19, 2017 assumes an attempt to test the level of 1305, where it is expected to continue growth with a potential target near the level of 1350, an additional signal in favor of growth will test the support area on the indicator of relative strength index (RSI).


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