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!
Gold is trading in the green at $1,741 after testing a broken dynamic resistance. The price may continue to increase if the US Dollar resumes its depreciation in the short term.
The risk-off sentiment dominates the markets in the short term, that's why the safe-haven assets are very attractive these days. The yellow metal ignored immediate resistance levels signaling strong buyers.
Gold registered an approx 4% growth since last Wednesday and it could extend it if the price passes above the immediate high.
XAU/USD is trading above the median line (ML) of a major descending pitchfork and it could approach the minor ascending pitchfork's median line (ml) again.
A new higher high, bullish closure above the $1,745 high could signal further growth towards $1,755 static resistance. The ascending pitchfork's median line (ml) represents a dynamic resistance. Jumping and stabilizing above the median line (ml) could validate more gains ahead.
A valid breakout above $1,755 validates a larger upside movement and brings a new long opportunity.
*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।
