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

XAUUSD market technical outlook

Daily chart:

Support at 1720.28 keeps being actual for gold. We can’t rule out a new attempt of attacking the mid-term resistance zone 1743.83-1745.58, which so far looks impassable.


Local structure shows tangible bullish momentum suggesting upcoming testing of the closest high (1736.50), where we can get a correction to 1732.00. In case of such pullback we might again consider longs reckoning on further upward movement in direction 1743.83-1745.58.


Growth to 1736.50 with aim at 1743.83-1745.58. Prior downward pullback from 1736.50 to 1732.00 may take place.

Trading recommendations:

Longs to 1736.50 and 1743.83-1745.58.

Latest news

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 […]

No Deposit Bonus 100 USD

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 […]