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

XAUUSD market technical outlook

Daily chart:

Bullish inside bar at the tip of downswing was formed Friday (black round mark). Such formation might become a tangible long setup, therefore bulls’ activity at 1715.87-1720.78 can be very high.

If such scenario pans out, we might get a start of new strong upswing.


Local support at 1723.00 is being tested at this moment, which is quite capable to reveal sufficient demand for gold. Thus today we expect growth to the closest strong resistance 1739.08-1740.71.


Growth to 1739.08-1740.71.

Trading recommendations:

Longs to 1739.08-1740.71.

Latest news

+$500 for trading

2020-09-29 08:00:46

+$500 FOR TRADING 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 […]

Share posts and earn money

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 […]