Quotes Gold XAU USD continues to fall within the framework of the development of the rebound from the resistance area at 1205. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. We continue to hold the sales in order to fall below the level of 1150.
XAU USD Forex Forecast Gold price on November 29, 2016
Cancellation option of continuing the development of the downward trend will be strong growth XAU USD above the level of 1240, in this case, we can expect an attempt to continue the development of growth.
XAU USD Forex Forecast Gold price on November 29, 2016 implies lower prices for gold in the rebound from the resistance area in order to fall in the level of 1150.