XAU USD Forecast Gold January 16, 2017 — January 20, 2017


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Quotes Gold XAU USD ended the trading week at the correction near the resistance level of 1196. At the moment, preserved potential for a fall of quotations Gold after a minor correction in the region at the level of 1205. In favor of a rebound of quotations XAU USD dense stands the test resistance area on the indicator of relative strength.

XAU USD Forecast Gold January 16, 2017 — January 20, 2017

Cancellation option quotations falling and the price of gold will be strong growth and the breakdown of the area in 1210, which points to continued growth in prices in the area above the level of 1250. The purpose of the fall is the area on the lower level field 1105.

XAU USD Forecast Gold January 16, 2017 — January 20, 2017

XAU USD Forecast Gold January 16, 2017 — January 20, 2017 suggests an attempt to continue falling in the framework of the descending forex model 1:1 in order to fall to the level of a local minimum, cancellation scenario will be a strong growth area in 1210 and the breakdown.


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