Quotes Gold XAU USD continues to move in the upward movement, but the potential for a drop in prices and the price of gold is stored by the dense test downward trend line an indicator of relative strength. The immediate goal of the fall is the area of support at the level of 1225.
XAU USD Forecast Gold prices on February 10, 2017
Also, do not rule out an attempt to complete the upward movement in the event of breakdown of the rising channel’s lower border.
Cancellation option of reduction of quotations and prices for Gold will be the breakdown of the area 1250, which indicates a continuation of the development of an on XAU/USD growth.
XAU USD Forecast Gold prices on February 10, 2017 suggests an attempt to fall in the rebound from the descending trend line on the indicator of the relative strength in order to reduce at a level below the region in 1225.
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