Forecast prices Gold week 23.05.2016 — 27.05.2016


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Quotes Gold XAU USD trading week complete fall. At the moment, we can expect continuation of falling gold prices. The purpose of the fall is the area of the lower boundary of the channel at the level of 1220.

Forecast prices Gold week 23.05.2016 — 27.05.2016

Forecast prices Gold week 23.05.2016 — 27.05.2016

Where possible uptrend correction. With the channel breaks down, it is necessary to expect continuation of falling prices for gold in the area nearest the support near 1180. An additional signals to rebound, testing the support line on the indicator of relative strength.

Forecast prices Gold week 23.05.2016 — 27.05.2016 assumes the continuation of falling prices for gold in the area of the lower boundary of the channel at the level of 1120.

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