Quotes Gold XAU USD continues to move in the formation of reversal pattern Forex Double Top, and there is the potential for the breakdown of the support and the continuation of the fall in gold prices to decline below the level of 1180.
XAU USD Forecast price of gold on January 26, 2017
We try to keep the sale of gold, but the cancellation of this scenario will be a strong growth of quotations XAU/USD and a break area of a local maximum, it will point to the continuation of the rise in gold prices.
Is expected to accelerate the fall is the area with the support of the breakdown, that will indicate the completion of the formation of Forex Double Top pattern.
XAU USD Forecast price of gold on January 26, 2017 suggests an attempt to fall within the beginning of working out a reversal pattern with the potential to reduce the level below the region in 1180.
