The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
[Silver]
With both EMAs still in a Golden Cross formation, the trend for Silver likely remains upwards, despite the potential for a limited correction where it is confirmed by the appearance of a Bearish Divergence on the RSI(14).
Key Levels
1. Resistance. 2 : 62.853
2. Resistance. 1 : 61.737
3. Pivot : 59.658
4. Support. 1 : 58.542
5. Support. 2 : 56.463
Tactical Scenario:
Positive Reaction Zone: If the price breaks above 61.737, Silver will likely continue to strengthen up to 62.853.
Momentum Extension Bias: If 62.853 is broken, there is potential for Silver to test the level at 64.932.
Invalidation Level / Bias Revision:
The upside bias weakens if the price of Silver declines and breaks down below 56.463.
Technical Summary:
EMA(50) : 59.706
EMA(200): 58.412
RSI(14) : 64.68 + Bearish Divergent
Economic News Release Agenda :
Tonight from the United States, the following economic data will be released:
US - Employment Cost Index q/q - 20:30 WIB
US - Crude Oil Inventories - 22:30 WIB
US - Federal FED Fund Rate - 02:00 WIB
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
