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


2020-12-04 08:57:41

Only from November 02nd, 2020, to January 04th, 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 […]

No Deposit Bonus 100 USD – available for 3 days only!

2020-11-23 08:44:40

Only from 23 to 25 of November, the largest no deposit bonus 100 USD is available for all Forex traders! 🏆 Bonus details: 100 USD maximum withdrawal 75 lots of required trading turnover 2 weeks to try all of the trading conditions Available for cent accounts 📍 How to get the bonus: 1) Register an […]