XAU USD forecast for the gold price on August 31, 2016


Quotes Gold XAU USD continues to test the punched area of support in the form of the lower boundary of the triangle model. At the moment, there is the potential to continue fall within the mining model with the immediate goal of the field at a level below 1280.

XAU USD forecast for the gold price on August 31, 2016

XAU USD forecast for the gold price on August 31, 2016

Cancellation option quotations falling and the price of gold can become a strong growth above the level of 1350, which points to the continued growth of quotations area of the upper boundary of the triangle model.

XAU USD forecast for the gold price on August 31, 2016 suggests an attempt to break the lower boundary of the model triangle and the continuation of falling of quotations and prices for Silver in the area below the level of 1280.


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