Gold made an attempt to grow on Tuesday. The price rallied to 1150 through 1140 dollars per ounce. However, a bullish spike faded around 1150 and the XAU/USD pair dropped back to 1130. The resistance is at 1140, the support comes in at 1130 dollars per ounce.
A close above which will generate fresh bullish signal. The precious metal may extend its upward trajectory to 1160 dollars per ounce. A pull back below 1140 will return sellers to the market. The price may decline to 1130 in this case.
A bullish market structure remained in place on Tuesday. The benchmark broke above previous week’s top and trended upwards. Brent broke through 55.50 post-NY open and advanced to 56.50. The resistance is at 56.50, the support comes in at 55.50 dollars per barrel.
A break above 55.50 will strengthen buyers’ positions. Bulls may drive Brent prices to 56.50 and 57.50 dollars per barrel.
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 […]