Quotes Gold XAU USD continues to trade within the framework of the development of a downward movement with the aim of falling to the level of 1180. Cancellation option will be a strong growth of quotations XAU/USD above the level of 1280, that will indicate the version of the abolition of the fall and the continued growth of quotations of gold.
XAU USD Forex Forecast Gold on October 28, 2016
In favor of the fall and stands the test downward trend line on the indicator of relative strength.
XAU USD Forex Forecast Gold on October 28, 2016 suggests an attempt to continue falling in the rebound from the resistance area in order to fall in the level of 1180, the cancellation will be upgrade the field of local maximum, but do not rule out an attempt to correct Gold within the completion of formation of topping FX models head and shoulders on the indicator of relative strength.
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