Gold quotes dropped on the 4-hour time-frame and overpassed the support at 1215 downwards, according to the analysts from FortFS. At the end of trading the quotes made a small step up, due to dollar growth.
The bears will maintain the leadership if they break through the resistance at 1215.00. Their target will be 1235.00 and 1260.00.
The bears will regain the initiative if they break through the support at 1200.00. Their target will be 1180.00.
The 4-hour time-frame showed that the crude oil Brent resumed its growth after a considerable price drop. As a result of buyers’ activity resistance at 49.60 was broken through.
The bulls will maintain the leadership if they break through the resistance at 50.50. Their target will be 51.50.
The bears will regain the initiative if they break through the support at 49.60. Their target will be 48.60 and 47.80.
Read the full review on our site:
Dear Traders, Make sure to receive $100 on your trading accounts only from the 27th to the 31st of January! Welcome Bonus 100 USD is the best way to start trading and test all of the Company’s products! The bonus features: Withdrawal of up to 100 USD 75 lots of trading turnover A two-week testing […]
WHAT ARE THE BENEFITS OF MEGAPROTECT BONUS? +100% of the deposited amount! 100% protection during the drawdown Up to 5000 USD per one account Up to 15000 USD per one profile