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

COMMODITIES TECHNICAL ANALYSIS October.12

Gold

Gold futures opened higher on Tuesday. However, buyers were unable to develop a strong recovery and prices continued to head lower. Sellers were able to lead the price towards 1250. The resistance resides at 1260, the support comes in at 1250.

A break below the current support might force the pair to resume its downward trajectory. The level 1240 is the next sellers' target.
12_10_2016_xauusd
Brent

In the nearest term, the outlook is neutral. Brent traded sideways yesterday. The price went back and forth between 52.50 and 53.50. The resistance is at 53.50, the support comes in at 52.50 dollars per barrel.

We consider Brent to be overbought and expect a roll back. We will place sell orders only if the price fixates below 51.50.

12_10_2016_brent

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

Latest news

Spreads on popular contracts reduced!

2019-06-13 16:17:20

Starting from 06 June 2019, FortFS reduces spreads for 4 most popular contracts! From 06 June until 19 July 2019, the 4 most popular contracts spreads will be: EURUSDf: 0.8 GBPUSDf: 0.9 USDJPYf: 1.0 XAUUSDf: 3.5 Good Luck! Fort Financial Services – Citadel of trading

Alpha Bonus

2019-05-07 13:21:56

Dreaming of ruling the Forex universe?  FortFS will help you realize your dreams! From 06 of May till 07 of June 2019 become the owner of a unique artifact called Alpha Bonus and subdue the financial element!