GOLD XAU/USD is trading at 1284. GOLD is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Gold. Ichimoku Kinko Hyo Cloud near the level 1280 is expected to be tested near the level of 1280, from which it is expected to rebound and continue the development of the bullish trend in GOLD for the target of growth near the level of 1295.
GOLD prices forecast XAU/USD on November 23, 2017
Earlier, a weak signal was received for sell GOLD, by crossing the signal lines at 1280 level. the growth of Gold quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a closing below the area of 1270, which will indicate a shift in the upward trend in favor of the bearish trend and the continuation of the fall. Expect to accelerate the growth of quotations XAU/USD stands with a breakdown of the level of 1285.
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