XAU USD Forex Forecast price of gold on February 17, 2017


Quotes Gold XAU USD continue to develop in the uplink and for the moment there is a potential for continued growth in the region above the level of 1245, which quotes Gold will meet a strong resistance level.

XAU USD Forex Forecast price of gold on February 17, 2017

Cancellation option price growth and the price of gold will fall and the breakdown field of the rising channel’s lower border, that will indicate a potential decrease in quotations XAU/USD below the level of 1200.

XAU USD Forex Forecast price of gold on February 17, 2017

On the same level above the region in 1245 is expected to rebound in the framework of the dense test resistance area on the display relative strength.

XAU USD Forex Forecast price of gold on February 17, 2017 suggests an attempt to increase above the level of 1245, where we should expect a rebound and began falling.


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