Quotes Gold XAU USD ended the trading week at the level of 1234. At the moment, retained the capacity to fall in quotations and prices for gold in the area below the level in 1185 as part of the beginning of the mining forex reversal patterns failure swing on the indicator of relative strength.
XAU USD Gold price forecast on February 20, 2017 — February 24, 2017
Cancellation option will drop gold strong growth above the level of 1255, which points to continued growth of quotations in the area above the level of 1280, where the XAU/USD once again meet resistance test in the form of the upper limit of the downward channel.
XAU USD Gold price forecast on February 20, 2017 — February 24, 2017 suggests an attempt to fall below the level of 1185 in the framework of mining forex reversal patterns on the indicator of relative strength, the cancellation will be the breakdown of the area in 1250 closing prices, that will point to continued growth.
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