Forecast XAU / USD quotes continue to move as part of the growth and formation of the inverted Head and Shoulders model. At the time of the publication of the forecast, the price of Gold is 1732 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1700. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1795.