XAU/USD forecast for the price of gold on July 14, 2016


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Quotes Gold XAU USD continues to trade in line with expectations and at the moment is to wait for test level near 1310.

XAU/USD forecast for the price of gold on July 14, 2016

XAU/USD forecast for the price of gold on July 14, 2016

An additional forex signal in favor of the continuation of falling of quotations serves XAU USD shedding uptrend line on the indicator of relative strength, which implies a continuation of falling and a similar test line on the chart prices at a level below 1300. Cancellation option working out a trade ideas will be strong growth XAU USD quotes in the area above the level of 1390. also, do not rule out the test area in 1350, where you can try to sell the gold to close the table.

XAU/USD forecast for the price of gold on July 14, 2016 assumes continuation of reduction in the framework of working out at the RSI indicator signal with the immediate goal at a level below 1310.


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