Quotes Gold XAU USD continues moving inside the descending channel. The potential for further reduction is maintained, but with quotations leaves the channel is expected to attempt to increase to 1200.
XAU USD Forex Forecast Gold price on December 8, 2016
We continue to hold the sale of gold, but the new transaction is not open, but only deduct the old position on the XAU USD. Accelerate the development of a fall from a dense field test in 1150 we can expect the level of breakdown of the local minimum.
XAU USD Forex Forecast Gold price on December 8, 2016 suggests an attempt to continue the reduction in the framework of the descending pattern of 1: 1 in order to fall below the area in 1150, the cancellation option will strong growth and the breakdown of the area in 1180.
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