Gold Price Forecast — May 23, 2016


Quotes Gold XAU USD continues to fall within our forecast XAU USD. The purpose of the fall is the lower boundary of the rising channel.

Gold Price Forecast — May 23, 2016

Gold Price Forecast — May 23, 2016

Where is expected to attempt to upward correction. In the case of a penetration level of 1220 is expected to continue falling of quotations Gold is below the level of 1200. An additional signal in favor of the fall is the formation of a head and shoulders pattern on the indicator of relative strength, it also points to a potential drop in the price of gold. Gold Price Forecast — May 23, 2016 assumes the lower limit level of the test at the level of 1220, which can be rebound.


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