Quotes Gold XAU USD continued to test the area at the level of 1320 to the current trading week. At the beginning of the next attempt should expect continued growth XAU USD quotes in the area above the level of 1350, where is expected to continue falling prices for gold.
XAU USD forecast for the week July 25, 2016 — July 29, 2016
Also do not forget about expanding formation model, which involves an attempt to continue the XAU USD quotes drop to below the level of 1200. Cancellation option will break through the mining model at 1400 closing prices.
XAU USD forecast for the week July 25, 2016 — July 29, 2016 suggests an attempt to rise in prices for gold in the area in 1350, where we can expect the beginning of falling within the mining reversal forex model head and shoulders, cancellation scenario will be a strong growth and the breakdown of the level of 1400.
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