XAU USD Forex Forecast Gold price on November 11, 2016


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Quotes Gold XAU USD continues to trade within a descending forex model 1: 1 in order to fall below the level of 1220. At this point in favor of this fall is the formation of topping models forex head and shoulders on the continuation of the decline.

XAU USD Forex Forecast Gold price on November 11, 2016

XAU USD Forex Forecast Gold price on November 11, 2016

Cancellation option will be the mining model and the strong growth of quotations Gold prices above the level of 1295, which points to continued growth in the region of the upper boundary of the channel. Increase the amount of sales is a breakdown of the level of 1270.

XAU USD Forex Forecast Gold price on November 11, 2016 suggests an attempt to fall within the beginning of mining forex model head and shoulders to reduce below the level of 1220.

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