Quotes Gold XAU USD continues to move in the completion of the Forex Wedge pattern, and currently quotes struck the lower boundary of the model, indicating the potential continuation of the reduction in the area next support at 1220.
XAU USD Forecast GOLD on March 3, 2017
In favor of a continuation of the fall is the breakdown of the trend line on the indicator of relative strength and was filled with a return to the line.
Cancellation option of continuing decline in quotations and prices for Gold will sample the local maximum level that points to continued growth.
XAU USD Forecast GOLD on March 3, 2017 suggests an attempt to fall in the area of support at the level of 1220 in the framework of the beginning of the mining forex Wedge pattern, a potential target of the fall is the area at the level of 1185.
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