Quotes Gold XAU/USD continue to move in the fall. At the moment, Gold quotes have broken through the lower limit of the Triangle model. It is worth to wait for the test of the breached border at the level of 1235, where again there will be a potential for falling quotations and Gold prices in the area below the 1200 level.
XAU USD prediction & analysis on July 5, 2017
In favor of falling quotations XAU/USD will perform a test of the broken resistance line on the indicator of relative strength.
XAU USD prediction & analysis on July 5, 2017 suggests an attempt of correction to the upper boundary of the bearish channel, where again one should expect the Gold quotations to fall below the level of 1200, the breakdown of the region will be 1245.
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