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
2020-09-16 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 […]
2020-08-20 20:43:20
Dear Traders, Make sure to receive $100 on your trading accounts only from the 20th to the 28th of August! No Deposit Bonus 100 USD is the best way to start trading and test all of the Company’s products! GET BONUS The bonus features: Withdrawal of up to 100 USD 75 lots of trading turnover […]