Gold has begun to breakthrough

August 25, 2016

As we expected during this week gold has begun to breakthrough from the medium-term channel 1.1336-1.1358 with downward direction

Current situation

After breaking through the resistance zone of 1.1330-1.1336 market is dropping lower.

Trading recommendations

The next support zone is located near 1.1320-1.1325. We expect that the market is moving towards these levels. Strategic support is around 1.1310

Publication source
Fort Financial Services information  Fort Financial Services reviews

December 9, 2016
Euro slips as ECB extends QE by 9-months
The single currency was weaker after the European Central Bank decided yesterday that it would continue with its bond purchases program. The ECB extended its QE plans from March 2017 to the end of the year...
December 9, 2016
The global stock market rally
The global stock market rally, which was underpinned by further ECB stimulus measures yesterday and a rise in oil prices, continued in Asia overnight, with most markets moving higher...
December 9, 2016
Markets throw caution to the wind
Markets have thrown caution to the wind when it comes to movements as of late as once again US equities set the scene with another stellar rise, though not as big as yesterdays...

FXCM Rating
FIBO Group Rating
FxPro Rating
XTB Rating
OctaFX Rating
Z.com Trade Rating

TopOption Rating
Banc De Binary Rating
365BinaryOption Rating
Anyoption Rating
OptionBit Rating
EZTrader Rating