XAU USD Forex Forecast Gold price on November 25, 2016


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Quotes Gold XAU USD continues to fall and is practically working out the first drop target at 1180. We continue to hold the sale of gold, and are ready to increase the volume of sales to the extent of the fall. Next to reduce quotations XAU USD may be a region at a level below 1150.

XAU USD Forex Forecast Gold price on November 25, 2016

XAU USD Forex Forecast Gold price on November 25, 2016

Cancellation option of falling prices for gold will be strong growth of quotations set out above level 1215, which will point to a continuation of upward correction with the upside above the level of 1230. In favor of the continuation of the fall is the rebound from the line drag the indicator of relative strength, as well as the absence of reversal patterns in favor of growth XAU/USD quotes.

XAU USD Forex Forecast Gold price on November 25, 2016 suggests a continuation of the fall with the first target at the level of 1180 with a potential drop to below the level of 1150.

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