Quotes Gold XAU USD continues to move in the development of ascending correction and currently the pair approached the upper limit of the downward forex 1:1 model, where there is potential for a rebound and sat down with the fall of the potential to reduce the area below 1105.
XAU USD forecast Gold price on January 19, 2017
Cancellation option will be a strong increase in prices Gold and the breakdown of the area in 1220, which points to the continued growth of quotations of gold.
Is expected to accelerate the fall is a breakdown of the rising channel’s lower border. In favor of a rebound of quotations XAU/USD testing the upper boundary of the triangle pattern on the indicator of relative strength.
XAU USD forecast Gold price on January 19, 2017 suggests an attempt to fall in the rebound from the top downward forex borders 1:1 model, the cancellation option will sample area 1220.
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