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

COMMODITIES TECHNICAL ANALYSIS JUNE.10

Gold

The development of the upwards trend of the precious metal was clearly shown on the 4-hour time-frame. The buyers managed to overpass the level 1260 and consolidated above by heading towards the nearest resistance at 1280. The bulls kept their dominance on the market of precious metals.

The bulls will maintain the leadership if they break through the resistance at 1280.00. Their target will be 1300.00.

The bears will regain the initiative if they break through the support at 1260.00. Their target will be 1235.00 and 1215.00.

technical_xauusd_10_06_2016

Oil

There was a consolidation near 52.50 on the 4-hour chart and then, and the price path was changed downwards. On the crude oil market the sellers dropped the price to 51.50 and tested that mark according to FortFS analysts.

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

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

technical_brent_10_06_2016

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

Latest news

Chinese New Year

2019-02-01 10:04:25

Dear traders! We are glad to announce the launch of new promo “CHINESE NEW YEAR” which allows you to increase your profits from trading in the world financial markets! Starting from 1 February 2019 and up to 1 March 2019 an additional 2% of profit will be credited for each profitable trade as well as […]

Welcome Bonus $75

2019-01-21 10:10:50

Dear Traders! We are pleased to announce the launch of the “Welcome Bonus 75 USD” promotion! Starting from 21.01.2019 and until 01.02.2019 inclusive welcome bonus of 75 USD or equivalent in another currency is available to all clients of the company.