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



Gold kept its rangebound stance unchanged yesterday. The price has been trading between 1230 and 1220 for a week. The yellow metal was growing the first part of the day and had reached the upper limit of the band by noon. Gold spot bounced from 1230 and sharply dropped afterwards. The pair touched 1220 in the NY session and bounced again erasing almost all its daily losses. The resistance is at 1230, the support comes in at 1220 dollars per ounce.

The price is likely to stay in a sideways channel today.


Brent traded mixed on Tuesday. Buyers failed to regain 55.50 dollars per barrel. The price jumped upwards from 55.50 at the daily open and reached 56.50 in the early NY hours. Having touched the level the benchmark turned around and moved lower. The resistance is at 56.50, the support comes in at 55.50 dollars per barrel.

We expect to see renewed bearish pressure if the price gets below 55.50. Oil prices may decline to 54.50 dollars per barrel.

Read the full review on our site:

Latest news

8,88% negative trades compensation

2019-04-02 06:51:06

FortFS launches Ultimate Cashback promotion! The promotion is aimed to get the balance compensation per each trade closed with the negative result. Compensated amount is fixed and is equal to 8,88% of the loss amount. All compensations are credited into the trading account automatically.

Unlimited Leverage

2019-03-01 16:41:06

What is the unlimited leverage? Usually it means borrowed funds provided by broker to clients to enable clients to open larger positions and to increase income from investing without increasing their investments. However, the leverage always has an established limit which is originally determined by the broker and cannot be changed.