XAU USD Gold price forecast on July 21, 2016


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Quotes Gold XAU USD continues to test the area of the rising channel’s lower border, indicating the potential rebound of growth and development of the price of gold for the purpose at a level above 1350.

XAU USD Gold price forecast on July 21, 2016

XAU USD Gold price forecast on July 21, 2016

Cancellation option to continue the upward movement will fall XAU USD quotes and break of 1310 closing prices, that will indicate cancellation of mining bovine model 1:1 and the XAU USD continued to fall below the level of 1270.

XAU USD Gold price forecast on July 21, 2016 assumes continued growth in the rebound from the lower boundary of the rising pattern of 1:1 with the immediate goal at the level of growth than 1350.


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