Parity XAU / USD (Gold) continues to test support at 1700 points.
The course is still in its long-term uptrend channel (brown lines on the graph - see long-term analysis).
All indicators are bearish.
We maintain to trade only during the short positions will be located below 1730 points.
Maintain current issues under the 1720 will strengthen our bearish sentiment on parity.
One out of 1700 points will be offering a new buy signal for a prolonged bullish about 1650 points or less, if this level is also down.
In case of return over 1730 points, we advise you to return to higher positions and / or donot treat more long positions in parity.
The course is still in its long-term uptrend channel (brown lines on the graph - see long-term analysis).
All indicators are bearish.
We maintain to trade only during the short positions will be located below 1730 points.
Maintain current issues under the 1720 will strengthen our bearish sentiment on parity.
One out of 1700 points will be offering a new buy signal for a prolonged bullish about 1650 points or less, if this level is also down.
In case of return over 1730 points, we advise you to return to higher positions and / or donot treat more long positions in parity.
