Quotes Gold XAU USD continues to move in the growth after the breakdown of the resistance area. At the moment, preserved potential for the gold quotes at the beginning of the descending part of the forex wave pattern Wolfe with the potential to reduce the level below the area 1210.
XAU USD Forecast price of GOLD on February 27, 2017
In favor of the version of the fall is the area of the resistance test on the indicator of relative strength. Cancellation option quotations falling and the price of gold will make the breakdown area in 1265, which points to a tight test area 1280.
XAU USD Forecast price of GOLD on February 27, 2017 suggests an attempt to test the level of 1265 and the beginning of fall in the framework of working out a bearish wave pattern forex Wolfe order to drop to below 1210 area.
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