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!
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Gold
On the daily chart, the price divergence with the Marlin oscillator has formed. The moment has come if not a reversal of the market, then a deep correction. Probably up to half of the previous growth, the maximum on October 26 is 1243.00. But first of all, the price needs to overcome the range of consolidation support for the first half of January, 1286.60-1293.70. The difficulty is also in the fact that in this range, there is a Kruzenshtern line of daily scale and a Fibonacci correction level of 23.6%. But often, such strong support is overcome by a run-up, as it was on January 25, only by moving up. As a conclusion, we are waiting for the price at the subsequent Fibonacci correction level of 38.2% - 1262.60. Overcoming the level will allow the price to decline to the level of 50.0% 1243.00.
On the four-hour chart, the price is already below the Kruzenshtern line and the Marlin oscillator signal line is preparing to move to the drop zone.
*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।