XAU/USD Forecast Forex GOLD prices on July 4, 2017


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Quotes Gold XAU/USD continue to move within the framework of the formation of the bullish «Triangle» model. It is worth waiting for an attempt to tightly test the lower boundary of the model and continue the growth in the area above the level of 1260.

XAU/USD Forecast Forex GOLD prices on July 4, 2017

In favor of the growth of quotations and prices for gold is the test of the support line on the indicator of relative strength index (RSI). Canceling the option growth in quotations and prices for Gold will be a fall and breakdown of the 1225 area, indicating that the fall continues.

XAU/USD Forecast Forex GOLD prices on July 4, 2017

XAU/USD forecast Forex GOLD prices on July 4, 2017 suggests a rebound from the bottom of the upward «Triangle» for growth at 1260, an additional signal in favor of growth is the test of the support line on the indicator of relative strength index (RSI).


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