Quotes of Gold XAU/USD continue to move within the upward trend and at the moment there is still potential for continuing the growth of quotations in the region above the level of 1300. In favor of the growth of quotations and prices for Gold, the upward trend line test is used on the indicator of relative strength.
XAU/USD Forecast Forex Gold on April 24, 2017
Cancellation of the growth option will be a fall and breakdown of the area 1270, which will indicate the continued decline in quotations XAU/USD.
XAU/USD Forecast Forex Gold on April 24, 2017 involves an attempt to test the lower limit of the upward channel and the continuation of the growth of quotations to the area above the level of 1300, the cancellation will be the fall and breakdown of the area 1270, in which case it is expected to continue the decline in gold prices.
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