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 price failed to clear the $1,880 resistance zone and it started a fresh decline against the US Dollar. The price broke the $1,835 support zone and entered into a bearish zone.
The bears were able to push the price below the $1,800 support zone and the 50 hourly simple moving average. The price traded as low as $1,761 and it is now correcting losses.
On the upside, an initial resistance is near the $1,780 level. There is also a key bearish trend line forming with resistance near $1,780 on the hourly chart. The main resistance is now forming near the $1,800 level. On the 1-hour chart, MACD has diverged in favor of the bulls. MACD histograms have produced higher lows, contradicting lower lows on the price chart. That bullish divergence sets the stage for a corrective bounce.
On the downside, an initial support is near the $1,762 level. The next major support is near the $1,750 level, below which the price is likely to extend its decline towards $1,732 on FXOpen.
*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।