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

XAUUSD market technical outlook

Daily chart:

Bearish pinbar was formed at the tip of upswing yesterday. It’s a solid short signal, therefore today we can expect a start of decline with aim at support levels 1547.16 and 1535.56.


Local structure has downward reversal via bearish pattern Over&Under which implies sell entry from resistance zone 1574.72-1575.36. Thus we can expect growth of the quotes to this region and following steep reversal.


Growth in direction 1574.72-1575.36 and then downward reversal with aim at 1547.16.

Trading recommendations:

  1. Longs to 1574.72-1575.36.

  2. Shorts from 1574.72-1575.36 to 1547.16.

Latest news

FortFS 10-year anniversary = 10% cashback

2020-06-30 08:40:55

To celebrate our 10-year anniversary we are going to provide a 10% compensation for every trading order closed at a loss to all Clients! PARTICIPATE IN THE PROMOTION TO GET THE MOST OUT OF TRADING WITH FORTFS: Compensation for every trading order closed at a loss Fully withdrawable without trading turnover requirements Compatible with deposit […]


2020-05-27 07:58:43

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 bonus funds for […]