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

XAUUSD market technical outlook

Daily chart:

Bullish inside bar is formed at the tip of upswing. It’s not a self-acting signal of growth extension, but in general it suggest upward potential is still in place. It looks like buyers won’t let the gold go until the asset tests the magic zone 2000.00.

We can consider long trades from 1932.00-1933.00.


Local upward structure has fully formed downward correction. Thus growth may be resumed from current levels directly (1951.00-1959.00 area).


Trading in the 1951.00-1959.00 range and then resumption of growth in direction 2000.00.

Trading recommendations:

Longs from 1951.00-1959.00 to 2000.00.

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 […]