Quotes Gold XAU USD continued development within the upward correction and is currently rising prices for gold almost canceled reversal pattern Forex double top. We should expect the attempt to rebound from the current levels of reduction in the area below the 1205.
XAU USD Forex Forecast Gold on February 1, 2017
In favor of a bounce speaks tight test downward trend line on the indicator of relative strength. If a hedgehog has quotes Gold will start from the level of 1205 is likely to see the breakdown of the resistance area and accelerate the growth of quotations and prices for Gold with the aim of all the match 1240.
If the XAU/USD quotes back into the downward channel is expected to continue to decline below the level of 1105.
XAU USD Forex Forecast Gold on February 1, 2017 suggests an attempt to rebound and fall in prices for gold in the area in 1205, the cancellation option will break-down area of a local maximum.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
