Quotes of Gold XAU USD continue to move within the downward Forex model 5-0 with the potential target of falling and working off at a level below the area of 1195. In favor of falling from current levels is the test of the downward trend line on the indicator of relative strength, which also indicates a decline in the nearest time.
XAU/USD Forecast Forex Gold on March 20, 2017
The cancellation of the variant of falling quotes and prices for Gold will be a breakdown of the upper limit of the descending channel and the closing of quotes XAU/USD above the area of 1240, which will indicate the continued growth of Gold.
XAU/USD Forecast Forex Gold on March 20, 2017 suggests an attempt to fall as part of the start of the development of the bearish model 5-0 with the potential to reduce near the level of 1195, the breakdown will be a breakdown of the upper boundary of the descending channel.
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