The H4 chart showed a decrease in demand on gold and led to quotes to drop. The bears successfully passed the level 1330.00 according to FortFS analysts. The bearish influence dominated the gold market.
The bulls will regain the leadership if they break through the resistance at 1330.00. Their target will be 1360.00 and 1390.00.
The bears will maintain the initiative if they break through the support at 1316.00. Their target will be 1300.00 and 1270.00.
Brent oil quotes reached 46.50 on the H4 chart. The bulls brought the price back to 47.50. Oil quotes left the oversold zone and showed a neutral technical image.
The bulls will maintain the leadership if they break through the resistance at 47.50. Their target will be 48.50 and 49.50.
The bears will regain the initiative if they break through the support at 46.50. Their target will be 45.30.
Read the full review on our site:
We are launching the long-awaited rewards program for all subscribers of our social networks – share posts with your friends and get money on your FortFS account as a reward! 🥇 The participants will get the following benefits: • Real money for reposts • The reward is available for withdrawal without restrictions • You can […]
Dear Traders, Make sure to receive $100 on your trading accounts only from the 20th to the 28th of August! No Deposit Bonus 100 USD is the best way to start trading and test all of the Company’s products! GET BONUS The bonus features: Withdrawal of up to 100 USD 75 lots of trading turnover […]