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



In the medium term, the outlook is neutral. The decline from 1260 stalled at the 1250 level. Gold prices went back and forth during the course of the session on Wednesday. The resistance is at 1260, the support comes in at 1250 dollar per ounce.

If Gold keeps rising it will reach the levels 1260 and 1270. A move below 1250 will trigger sales towards 1240.

Despite the sharp decrease on Wednesday the Brent is still in the green. Brent is showing bearish signs. Sellers pushed the quotes to 51.50 where the selling pressure eased. The resistance is at 52.50, the support comes in at 51.50 dollars per barrel.

If the bearish tone persists we expect a breakout of the level 51.50. In this potential scenario bears will lead the price towards 50.50.


Read the full review on our site:


Latest news

Deposit Bonus 200%

2021-04-13 10:05:09

Only from April 12, 2021, to May 14, 2021, Deposit Bonus 200% is available for all FortFS clients! Use the advantage to engage for the unique offer within a limited period: activate the deposit bonus and get up to 200% on the deposit amount on your trading account! How to get a Deposit Bonus of […]

Reduced spreads for popular pairs

2021-02-11 15:07:39

FortFS wishes all traders a Happy Chinese New Year! Only from February 8 to March 12, 2021, we reduce spreads for the 4 most popular trading pairs. New values*: EURUSDf: 0.8 GBPUSDf: 0.9 USDJPYf: 1.0 XAUUSDf: 3.5 *These values are valid only for FLEX accounts Hurry up to take advantage of the offer! Learn more about spreads: https://www.fortfs.com/clients/specifications