Gold Quotes of the XAU/USD continue to test the area of the upper border of the upward channel at the level of 1274. At present, there is still potential for falling quotations and prices for Gold to the area below the level of 1265, where again we should expect the attempt of the jail and the continued growth of XAU/USD quotes.
XAU/USD Forecast Gold on April 13, 2017
In favor of the drop, a resistance area test is performed on the relative strength indicator. In the event of breakdown of the level of 1280, it is expected to accelerate the growth of quotations and prices for gold.
XAU/USD Forecast Gold on April 13, 2017 suggests an attempt to fall into the support area at the level of 1265, in favor of the decline is a tight test of the resistance area on the indicator of relative strength, the cancellation will be a breakdown at level 1280.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
