Quotes Gold XAU/USD continue to move within the framework of the bullish correction. At this point, we should expect a rebound and a drop in Gold quotes below the level of 1215. In favor of falling quotations and prices for Gold is the trend line test on the indicator of relative strength index (RSI).
XAU/USD forecast & technical analysis GOLD on July 21, 2017
The abolition of the reduction option will be a strong growth and a breakdown at the level of 1250, which will indicate the continued growth of quotations XAU/USD.
XAU/USD forecast & technical analysis GOLD on July 21, 2017 implies an attempt to drop quotes below the level of 1215, an additional signal will be a breakdown of the upward trend line on the indicator of relative strength index (RSI), a breakdown will be made by breakdown at level 1250.
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