XAU/USD technical analysis & signals on June 22, 2017


Gold XAU/USD continue to move in line with expectations and our forecast GOLD prices. It is worth the attempt to continue lowering the quotations of XAU/USD to the area below the level of 1230. It is in favor of falling quotes and prices for Gold that the bearish trend line test is on the indicator of relative strength index (RSI).

XAU/USD technical analysis & signals on June 22, 2017

The cancellation of the variant of falling quotations will be the breakdown of the region 1250, which will indicate the continued growth. With the breakdown of the trend line, it is expected to accelerate the fall of XAU/USD in the area below the level of 1215.

XAU/USD technical analysis & signals on June 22, 2017

XAU/USD technical analysis & signals on June 22, 2017 implies an attempt to fall below the 1230 level, an additional signal is a trend line test on the relative strength indicator, the breakdown will be a breakdown of the 1250 area.


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