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

COMMODITIES TECHNICAL ANALYSIS February.13

Gold

Gold prices closed the week bullish. The metal pushed away from 1220 and headed towards 1230 in the European session on Friday. Buyers broke the level in the mid-American session and closed the day half way to 1240. The resistance resides at 1240, the support comes in at 1230 dollars per ounce.

A close above 1240 will generate fresh bullishness towards 1245 dollars per ounce.



Brent

Brent maintained its upbeat tone on Friday. The benchmark was rallying the whole day and reached 56.50 in the NA session. Its further advance stalled around 57.00 which appeared to be a solid resistance for oil futures. The resistance is at 56.50, the support comes in at 55.50 dollars per barrel.

The benchmark has the potential to post more gains. To maintain buying interest the price has to stay above 56.50. A return below the level will ease the upward pressure.

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!