Quotes Gold XAU USD continues to decline within the descending channel. In favor of the continuation of falling of quotations of gold in favor tight test downward trend line on the indicator of relative strength. We continue to hold the sale of gold and try to build up new positions. Is expected to accelerate the fall only after the breakdown of the lower boundary of the triangle model.
XAU USD price forecastgold on December 26, 2016
XAU USD Cancellation option will be the fall of quotations strong growth above the level of 1145, which indicates the potential for the development of upward correction.
XAU USD price forecastgold on December 26, 2016 should not expect the quotes to continue an attempt to fall in order to reduce at a level below the region in 1105 as part of mining models Triangle.