Quotes Gold XAU USD finished the trading week correction, but could not reach the area of the upper limit of the downward channel FX 1:1 model. At the beginning of the new trading week, we should not exclude another attempt to test the area in 1190, where you can try to sell the gold with a close stop loss and the potential to reduce the level below the area 1105.
XAU USD Forex Forecast Gold on January 9, 2017 — January 13, 2017
In favor of a continuation of the fall is the dense test downward trend line on the indicator of relative strength. Also do not forget about working out a large reversal pattern Forex Head and Shoulders.
XAU USD Forex Forecast Gold on January 9, 2017 — January 13, 2017 are assumed to fall attempt within the beginning of the descending forex 1:1 model in order to reduce at a level below the region in 1105, the cancellation option will breakdown field 1205 that indicates an continuing development upward correction.
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