Quotes Gold XAU USD continues to trade within a lateral movement and at the moment quotes are testing the area 1228. We should expect attempts of upward correction with a tight test area in 1245, where you can try new gold sales with the tight stop.
XAU USD price forecast for gold on November 18, 2016
Cancellation option will be a strong growth XAU USD quotes above the level of 1255, which points to a continuation of upward correction.
XAU USD price forecast for gold on November 18, 2016 suggests an attempt to upward correction to the resistance area at 1245, where you can try to sell in favor of fall will also deliver a tight test of the descending trend line on the indicator of relative strength.