Quotes of Gold XAU/USD completed the trading week at 1282. Gold continues to move within the rising channel and at the moment it is expected to try to continue the growth of quotations in the area above the level of 1305.
XAU/USD Forecast Gold price on April 24 — 28, 2017
Where can we expect a fall to the lower boundary of the rising channel at a level below the area of 1240, Where again it is expected to continue the growth of quotations XAU/USD. In favor of the fall is a tight test of the resistance area on the indicator of relative strength. The abolition of the development of the upward movement in Gold will be the fall and breakdown of the region of 1225, which will indicate the continuation of the decline.
XAU/USD Forecast Gold price on April 24 — 28, 2017 suggests an attempt to increase to the upper boundary of the rising channel, from which it is expected to rebound and fall below 1240, where again it is worth trying XAU/USD with a close stop.
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