Quotes Gold XAU USD continues to decline in the development of the bearish trend for the purpose of falling below the area of 1150. We continue to hold the sale and try new short positions.
XAU USD Forex Forecast Gold price on December 6, 2016
Cancellation option will be a strong growth area in 1185 and the breakdown of the closing prices that will indicate an output of the channel, quotations continued development of ascending correction to above the level of 1200. Acceleration of the fall is expected to breakdown the lower boundary of the channel.
XAU USD Forex Forecast Gold price on December 6, 2016 suggests an attempt to continue falling in the framework of the descending forex model 1: 1 in order to fall below the level of 1150 will be the abolition of quotations leaves the channel.
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