Quotes Gold XAU/USD continue to move within the framework of strong growth. At the moment, quotes have broken through the upper boundary of the channel. It is worth waiting for an attempt to test the broken border and continue the growth of quotations and prices for GOLD in the area above the level of 1345.
XAU/USD forecast & technical analysis GOLD on August 30, 2017
In favor of the growth of quotations XAU/USD is the breakdown of the resistance line on the indicator of relative strength index (RSI). Expect the acceleration of growth is with the breakdown of the level of 1327. Cancellation of the variant of the growth of the price of GOLD will be the breakdown of the area of 1310, which will indicate the return of quotations inside the channel and the continuation of the decline.
XAU/USD forecast & technical analysis GOLD on August 30, 2017 involves an attempt to test the upper border of the channel and the continuation of the growth of quotations above the level of 1345, an additional signal in favor of growth is the test of the support line on the indicator of relative strength index (RSI), the drop will be a break and breakdown at level 1310.
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