XAU USD Gold price forecast on February 6, 2017 — February 10, 2017


Quotes Gold XAU USD ended the trading week at the level of 1220. At the moment, formed a reversal pattern Forex failure swing in the relative strength indicator, which indicates an area of the sample in 1190 closing prices.

XAU USD Gold price forecast on February 6, 2017 — February 10, 2017

Cancellation option will be a strong increase in the price of gold and the breakdown field of 70 indicator of relative strength, in such a case, the next upside target will perform resistance area near the level of 1250.

XAU USD Gold price forecast on February 6, 2017 — February 10, 2017

XAU USD Gold price forecast on February 6, 2017 — February 10, 2017 suggests an attempt to fall breakdown region in 1190 as part of the beginning of the mining forex reversal patterns failure swing on the indicator of the relative strength cancellation option will increase in the indicator values above 70, in this case we should expect the test area in 1250.


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