Quotes Gold XAU USD correction shown in the previous trading week. At the moment, there is the potential for the test area above the level of 1350, where we can expect the beginning of falling within the mining forex reversal patterns.
XAU USD forecast for the week July 18, 2016 — July 22, 2016
XAU USD Cancellation option will drop the quotes to continue strong growth and penetration level of local high above the area in 1390, which points to a potential growth further up. With the breakdown of the level of 1310 is expected to accelerate XAU USD quotes drop to below the level of 1250.
XAU USD forecast for the week July 18, 2016 — July 22, 2016 suggests correction attempt to 1350, where you can try to sell the gold with a close stop loss and wait practicing forex reversal patterns.
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