XAU USD price forecast for gold on July 12, 2016


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Quotes Gold XAU USD showed strong growth, most likely, investors believe in gold after the decision on an exit from the EU ended England.

XAU USD price forecast for gold on July 12, 2016

XAU USD price forecast for gold on July 12, 2016

However, at this moment we should expect the continuation of the correction attempt XAU USD quotes in the area on the lower level in 1310, where you can try to buy with tight stop. An additional signal in favor of continuing growth XAU USD will test the rising support line on the indicator of relative strength.

XAU USD price forecast for gold on July 12, 2016 involves the correction attempt, but at the time of the test trend line on the indicator RSI, indicates the time to open long positions on gold.


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