Gold Quotes XAU USD continue to move within the framework of the upward movement and at the moment there is the potential for a tight test of the local maximum area. Near the resistance area, one should expect an attempt to fall to the level of the lower boundary of the ascending channel.
XAU/USD Forecast GOLD on March 28, 2017
In favor of falling quotations and prices for gold is the test of the downward trend line on the indicator of relative strength. Canceling the variant of the fall of Gold will break through this trend line, which will indicate the continued growth of quotations XAU/USD.
XAU/USD Forecast GOLD on March 28, 2017 suggests an attempt to test the local maximum and drop beginning in the rebound from the downtrend line on the relative strength indicator for the fall near the 1245 area, with breakdown of the lower boundary of the channel, In the area below the level of 1225.
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