XAU USD Gold price forecast on November 2, 2016


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Quotes Gold XAU USD continued development of correction and tight test resistance area. We continue to hold the sale of Gold with the tight stop. In favor of the fall and stands the test downward trend line on the indicator of relative strength.

XAU USD Gold price forecast on November 2, 2016

XAU USD Gold price forecast on November 2, 2016

Cancellation option may be the continued growth of quotations XAU USD above the level of 1290. The goal of reducing the still is the area on the level below 1180.

XAU USD Gold price forecast on November 2, 2016 suggests an attempt to fall within the beginning of the descending forex model 1:1 , abolition will be strong growth in 1290 above the level that will trigger the continuation of upward correction.

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