Bears have renewed the low of current downswing suggesting maintaining the tendency to drop of the quotes. The closest target of sellers will be support level 1862.90, where initial profit taking might take place and switching of the market to upward correction as a consequence.
Local structure also is in a trending stage. Thus we expect an extension of decline and reaching the 1862.90 target. We can work with the gold now only by selling it.
Decline to 1862.90.
Shorts to 1862.90.
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 […]
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