Quotes of XAU/USD Gold continue to move within the limits of the decline and at the moment there is a potential for continuing the fall into the area below the level of 1200. In favor of falling quotations and prices for Gold is the downward trend line test on the relative strength indicator, as well as the lower limit of the uplink.
XAU/USD Forex Forecast Gold prices on May 10, 2017
The cancellation of the variant of falling quotations will be a strong growth and breakdown of the region 1235, which will indicate the continued growth of quotations and prices for Gold.
XAU/USD Forex Forecast Gold prices on May 10, 2017 suggests an attempt to fall below 1200 at the rebound from the downward resistance line on the indicator of relative strength, the breakdown of the region 1235 will be a cancellation.
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