Quotes Gold XAU USD continues to decline in the rebound from the resistance line on the indicator of relative strength. Currently quotes gold dense testing the upper limit of the downward channel, which implies a reduction in the area below the level of 1150.
XAU USD Forex Forecast Gold prices on December 1, 2016
Cancellation option will be a strong growth XAU USD quotes above the level of 1205, which points to the continued growth of quotations of gold. We continue to hold the sale and are ready to increase the volume of short positions on the development of a fall.
XAU USD Forex Forecast Gold prices on December 1, 2016 assumes a drop to below the level of 1150 in the framework of the descending forex 1: 1 model, will be the abolition of quotations leaves the channel.