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

COMMODITIES TECHNICAL ANALYSIS January.25

Gold

Gold prices remained in an upward channel on Tuesday. The price began the Asian session around its upper limit and approached its lower one by the end of the day. The resistance is at 1220, the support comes in at 1210 dollars per ounce.

A close below 1210 may generate fresh bearish signal. The precious metal may extend its downward trajectory to 1200 dollars per ounce. A move above 1215 will return buyers to the market. The price may strengthen to 1225 in this case.



Brent

Brent had a negative day on Tuesday. Buyers failed to regain 55.50. The benchmark ran through fresh offers around the level and dropped to 55.15 dollars per barrel. The resistance is at 55.50, the support comes in at 54.50 dollars per barrel.

We expect to see renewed bearish pressure if the price remains below 55.50. Oil prices may decline to 53.50 dollars per barrel.

 

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

Latest news

+$500 for trading

2020-09-29 08:00:46

+$500 FOR TRADING Trade and receive real money for each 10th completed lot USE THE BONUS AND GET THE FOLLOWING BENEFITS: Unlimited withdrawal Compatible with Megaprotect and Deposit Bonus Available for cents and swap-free accounts HOW TO GET BONUS? To have a valid trading account To maintain the minimum account balance of 100 USD Keep trading and receive […]

Share posts and earn money

2020-09-16 08:29:16

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 […]