XAU USD price forecast for gold on July 13, 2016


Quotes Gold XAU USD continue to trade at an local maximum. At the moment, there is the potential for the completion of the model’s head and shoulders and began XAU USD quotes drop to below the level of 1310.

XAU USD price forecast for gold on July 13, 2016

XAU USD price forecast for gold on July 13, 2016

Cancellation option of forming a reversal pattern on Gold will be a strong increase in prices above the level of 1380, which indicates a potential continued growth XAU USD. The purpose of the mining model, head and shoulders is the area below the level of 1330. But do not rule out growth XAU USD quotes as part of the completion of the formation of the right shoulder model.

XAU USD price forecast for gold on July 13, 2016 involves the completion of the formation of topping forex model and began falling prices for gold with the immediate goal at a level below 1330.


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