Quotes of Gold XAU/USD continue to trade near the area of 1250. However, at the moment there is still potential for falling quotations and prices for Gold in the area below the level of 1235. In favor of the fall is the breakdown of the upward trend line on the indicator of relative strength, as well as the formation of the reversal Forex model Failed, which indicates the breakdown of the 1240 area by closing prices.
XAU/USD Forecast Forex Gold on March 31, 2017
The cancellation of the variant of falling prices for Gold will be the breakdown of the local maximum area according to XAU/USD.
XAU/USD Forecast Forex Gold on March 31, 2017 suggests an attempt to fall below 1235 as part of testing the broken trend line on the indicator of relative strength, the cancellation of the strong growth and the breakdown of the resistance area for Gold.
