Quotes Gold XAU USD continues to move in the lateral trend, and is currently retained the potential for the breakdown of the support and drop in prices to below the level of 1205. In favor of the version of the fall of quotations and prices for Gold testing the resistance line on the indicator of relative strength.
XAU USD Forex Forecast price of gold on February 15, 2017
Cancellation option quotations falling and the price of gold will be strong growth and the breakdown of the area 1250, which points to a continuation of an upward trend.
The breakdown of the rising channel’s lower border, points to acceleration of XAU/USD quotes drop to below the level of 1205.
XAU USD Forex Forecast price of gold on February 15, 2017 suggests an attempt to drop a breakdown of support for the region with the immediate goal at a level below the region in 1205, cancellation option will be strong growth in 1250 and the breakdown of the area.
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