flag-gb flag-my flag-zh flag-id flag-th flag-vi

COMMODITIES TECHNICAL ANALYSIS JUNE.09

Gold

On the 4-hour time-frame, the demand increased on the gold and after consolidation above 1235 gold quotes rose to 1260 and tested it. According to FortFS analysts, the precious metal trades passed under the bulls’ influence.

The bulls will maintain the leadership if they break through the resistance at 1260.00. Their target will be 1280.00.

The bears will regain the initiative if they break through the support at 1235.00. Their target will be 1215.00 and 1200.00.

technical_xauusd_09_06_2016

Oil

The continued upwards trend of Brent oil quotes was demonstrated on the 4-hour time-frame. The bulls dominated the market and brought the price to the level of 52.50 after they overpassed the level of 51.50.

The bulls will maintain the leadership if they break through the resistance at 52.50. Their target will be 54.00.

The bears will regain the initiative if they break through the support at 51.50. Their target will be 50.50 and 49.60.

technical_brent_09_06_2016

Read the full review on our site:
https://www.fortfs.com

Latest news

FortFS 10-year anniversary = 10% cashback

2020-06-30 08:40:55

To celebrate our 10-year anniversary we are going to provide a 10% compensation for every trading order closed at a loss to all Clients! PARTICIPATE IN THE PROMOTION TO GET THE MOST OUT OF TRADING WITH FORTFS: Compensation for every trading order closed at a loss Fully withdrawable without trading turnover requirements Compatible with deposit […]

+$500 FOR TRADING

2020-05-27 07:58:43

Trade and receive real money for each 10th completed lot USE THE BONUS AND GET THE FOLLOWING BENEFITS: Unlimited withdrawal Compatible with Megaprotect and Deposit Bonus Available for cents and swap-free accounts HOW TO GET BONUS? To have a valid trading account To maintain the minimum account balance of 100 USD Keep trading and receive bonus funds for […]