Quotes Gold XAU USD continues to move within the downtrend. However, at the moment there is a potential for the development of an upward trend in the area of resistance at 1250, where you can try to sell the gold with a close stop.
XAU USD Forex Forecast price of gold on November 17, 2016
We continue to hold the sale of gold and are willing to try new deal at the time of completion of the development of ascending correction. Cancellation option quotations fall XAU / USD will be strong growth and the breakdown field 1255, indicates that an extension to gold prices.
XAU USD Forex Forecast price of gold on November 17, 2016 suggests an attempt of correction and continuation of the fall to reduce the area below 1180.