Quotes Gold XAU USD continues to move in the downward trend. At the moment the price is testing the area 1211. It should be expected to fall within the framework of an attempt to rebound from the resistance line on the indicator of relative strength. The purpose of the fall is the area on the level below 1180.
XAU USD Forex Forecast Gold price on November 24, 2016
Cancellation option will increase in quotes above the strong level of 1220 will indicate that the continuation of the rising correction to above the level of 1250. We try aggressive sales of Gold with the tight stop.
XAU USD Forex Forecast Gold price on November 24, 2016 suggests an attempt to fall in quotations and prices for gold in the area below the level of 1180 in the rebound values relative strength indicator on the descending resistance line.