Quotes Gold XAU USD continues to move in the downward trend Quotes are testing resistance area as the upper boundary of the descending channel and has the potential to see a rebound and development fall to below the level of 1140.
XAU USD Forecast Gold prices on December 15, 2016
In favor of such an option in favor of formation of topping forex head and shoulders pattern on the display relative strength. Cancellation option will be a strong growth of quotations and price of gold above the upper boundary of the channel, which will point to a continuation of upward correction.
XAU USD Forecast Gold prices on December 15, 2016 involves an attempt to fall below the level of 1140 in the rebound from the resistance area.