Quotes of Gold XAU/USD continue to move as part of the formation of the reversal forex pattern “Head and Shoulders”. At this point, we should expect an attempt to test the area 1265 – 1270 and the beginning of the fall as part of the model’s development.
XAU/USD prediction forex Gold price on May 19, 2017
An additional signal along with falling quotations of Gold XAU/USD will be the test of the upper border of the descending channel, which also indicates a decrease to the area of 1215. The abolition of the fall option will be the breakdown of the area 1295, which will indicate the continued growth of quotations and prices for Gold.
XAU/USD Forecast forex Gold price on May 19, 2017 involves an attempt to test the area 1265 and the beginning of the fall as part of the development of the reversal forex pattern “Head and Shoulders”, an additional signal in favor of GOLD sales will be a test of the upper boundary of the bearish model 5-0.
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