Quotes of Gold XAU/USD continue to trade near the area of 1266. It is worth waiting for an attempt to continue falling to the area below the level of 1250. In favor of the decline in quotes and Gold prices is a tight test of the downward resistance line on the indicator of relative strength, as well as the formation of the FOREX Head and Shoulders model.
XAU/USD Forecast GOLD price on May 1, 2017
To expect the acceleration of the fall is with the breakdown of the area of 1260. Cancellation of the variant of the fall in quotations XAU/USD and the price of Gold will be a strong growth and breakdown of the area 1270, which indicates the continued growth in the area above the level of 1280.
XAU/USD Forecast GOLD price on May 1, 2017 suggests an attempt to continue the decline to below the level of 1250 within the rebound from the downward trend line on the indicator of relative strength, the cancellation will be a strong growth and breakdown of the area 1270.
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