Quotes Gold XAU USD continues to move in the formation of reversal pattern Forex double top, with current levels has the potential to rebound and start falling in the support area on the lower level field 1190.
Cancellation option of reduction of quotations and the price of gold will be strong growth above the level of 1235 that point to the continued growth of quotations in the area above the level of 1250.
XAU USD price forecast GOLD on February 7, 2017
In favor of a rebound XAU/USD quotes testing the descending resistance line on the indicator of relative strength. With the breakdown of the areas of support reversal pattern is expected to continue falling gold.
XAU USD price forecast GOLD on February 7, 2017 suggests an attempt to rebound from current levels within the trend downlink test indicator of relative strength, the purpose of the fall is the area at the level of 1190.
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