XAU USD Forex Forecast price gold on January 10, 2017


Quotes Gold XAU USD continues to move in the downward FX 1:1 model. At the moment, saved the potential for continued growth of quotations of gold in the area of the upper limit of the downward channel. However, in the event of breakdown of the uptrend line on the indicator of relative strength, we can expect the fall of quotations of gold without the upper limit of the test and the level of 1195.

XAU USD Forex Forecast price gold on January 10, 2017

Expect the acceleration of falling prices for gold is as much a breakdown of the rising channel’s lower border. The potential to reduce the descending and forex 1:1 model is the area on the lower level field 1105.

XAU USD Forex Forecast price gold on January 10, 2017

Cancellation option will be a strong growth XAU USD quotes above the level of 1210 will indicate that the abolition of the model and the continued growth of the price of Gold Forex.

XAU USD Forex Forecast price gold on January 10, 2017 suggests an attempt to reduce in case of breakdown of the uptrend line on the indicator of relative strength that will indicate quotations going beyond the uplink.


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