Quotes Gold XAU/USD continue to move within the framework of an bullish correction. At the moment, the quotations are testing the area of the broken neck line. It is expected to rebound and fall in quotations XAU/USD below the level of 1195.
XAU/USD forecast & technical analysis GOLD on July 17, 2017
In favor of the fall in the price of gold will perform a tight test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling prices for GOLD will be performed by breakdown at level 1240, which will indicate the continued growth.
XAU/USD forecast & technical analysis GOLD on July 17, 2017 suggests an attempt to fall below 1195, an additional signal is the trend line test on the relative strength indicator, the cancellation will be a strong growth and a breakdown at level 1240, which will indicate continued growth.
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