Fort Financial Services Ltd acts under international brokerage license and appears as best ECN Forex Broker in Asia
XAUUSD market technical outlook
2020-02-13 09:29:59
Intensive upswing is launched, which is going to be used by bulls to break local high 1576.76, that may drive to movement to resistance zone 1588.42-1593.52.
H1-chart:
Local upward structure is forming corrective downswing, which can let traders to get better buy entry points (from pivot-zone 1569.29-1570.24 for instance).
Conclusions:
So, we expect completion of downward pullback (supposedly at 1569.29-1570.24) and then start of new upswing in direction 1588.42-1593.52.
Trading recommendations:
Longs to 1588.42-1593.52 (optimal entry is 1569.29-1570.24).
Latest news
2020-03-19 07:35:21
Only from March 24th to April 24th, 2020, Deposit Bonus 200% will be available for all FortFS clients! Use the advantage to engage for the unique offer within a limited period: activate the deposit bonus and get up to 200% on the deposit amount on your trading account! How to get a Deposit Bonus of […]
2020-03-13 07:32:02
The biggest FortFS bonus is back for 4 days only! Only from 17.03 to 20.03 every FortFS client will have a chance to get $10000 cents no deposit bonus! How to participate? To have a FortFS account To be a member of the official FortFS chat-group in Telegram (@fortfs_chat) Detailed Terms and Conditions will be available across our social […]