XAU USD price forecast for gold on August 26, 2016


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Quotes Gold XAU USD broke through the lower boundary forex model Triangle and at the moment there is a high potential for the continuation of falling of quotations and prices for Gold to below the level of 1310, as soon as this level is broken we should expect the test area below the level of 1280.

XAU USD price forecast for gold on August 26, 2016

XAU USD price forecast for gold on August 26, 2016

Cancellation option of the XAU USD quotes fall can become a strong growth and the breakdown of the area above the level of 1355. To increase the sales of gold is worth only a breakdown and closing quotes below the level of 1310.

XAU USD price forecast for gold on August 26, 2016 suggests an attempt to continue the fall of quotations of gold mining within the forex triangle patterns.

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