Quotes Gold XAU USD continues to trade within the descending channel, currently retained potential for a fall of quotations of gold in the area below the level of 1180 in the framework of the descending forex 1: 1 model. Cancellation option quotations falling and the price of gold will be strong growth in 1285 above the level of quotations that will point to the continued growth of gold prices.
XAU USD Forex Forecast Gold prices on October 25, 2016
In favor of the fall is the breakdown of the trend line on the indicator of relative strength.
XAU USD Forex Forecast Gold prices on October 25, 2016 suggests an attempt to fall within the beginning of the descending forex model to drop below the level of 1180.
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