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

XAUUSD market technical outlook

Daily chart:

Another price high was posted today during development of upswing giving chances for correction of gold in direction 1650.00. But we need to understand that so far there are no any signals of correction start and bulls are quite capable to continue uptrend from current levels.

Local upward structure has completed forming of corrective swing with bullish inside bar at tits tip. It’s a significant long setup which allows opening long trades from current levels with cont on break of the last high (1702.84).


Growth above 1702.84 in direction 1710.00-1720.00.

Trading recommendations:

Longs to 1702.84, 1710.00, 1720.00.

Latest news

Deposit Bonus 200%

2021-04-13 10:05:09

Only from April 12, 2021, to May 14, 2021, Deposit Bonus 200% is 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 […]

Reduced spreads for popular pairs

2021-02-11 15:07:39

FortFS wishes all traders a Happy Chinese New Year! Only from February 8 to March 12, 2021, we reduce spreads for the 4 most popular trading pairs. New values*: EURUSDf: 0.8 GBPUSDf: 0.9 USDJPYf: 1.0 XAUUSDf: 3.5 *These values are valid only for FLEX accounts Hurry up to take advantage of the offer! Learn more about spreads: https://www.fortfs.com/clients/specifications