Quotes Gold XAU USD continue to develop in the uplink, at the moment there is a potential test areas of support, which indicates a potential rebound and attempt to price growth in the area above the level of 1250.
XAU USD Forecast price of gold on February 16, 2017
In favor of a growth in quotations and prices for Gold will make a tight test of the lower boundary of the rising channel, but in the case of breakdown of this area is expected to continue falling quotations XAU/USD to below the level of 1185.
XAU USD Forecast price of gold on February 16, 2017 suggests a rebound attempt quotes from the support and continued growth in the region above the level 1250, the cancellation option will drop the gold quotes below the area in 1208.
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