Quotes Gold XAU USD continues to move in the forex reversal patterns double top, which indicates the continuation of a potential decrease in order to develop the field at a level below 1160.
XAU USD Forex Forecast Gold price on January 27, 2017
Cancellation option will be a strong growth of quotations and price of gold above the local maximum level that will point to the abolition of the model and continuation of growth.
We are aggressively building up the volume of short positions on gold, as it retained the potential for development of a downward FX 1:1 model with the daily chart XAU/USD in order to reduce the level of 1105.
XAU USD Forex Forecast Gold price on January 27, 2017 involves working out a reversal FX models with a view to a potential fall in the level of 1160; the cancellation will be the breakdown of the maximum area that indicates an increase in gold prices continued.
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