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

XAUUSD market technical outlook

Daily chart:

Corrective upswing isn’t completed so far, therefore we can’t rule out a renewal of yesterday’s high before resumption of decline in direction of the pivot-zone 1659.21-1668.48.


Local structure remains bracketed between support zone 1695.45-1697.30 and resistance 1711.18-1712.41. It looks like during today’s session we’ll see a flat between these levels - we don’t notice forces capable of overcoming strong levels so far.


Flat in the 1695.45-1712.41 range.

Trading recommendations:

  1. Longs to 1712.41.

  2. Shorts from 1712.41 to 1695.45.

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