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 has pulled back from $1,819 to $1,793. In Ichimoku cloud terms price in the 4 hour time frame remains in a bullish trend. We warned that a move below the kijun-sen would put pressure on price and we should expect then a test of the cloud support. This is exactly what happened and now we see price bounce off the cloud.
Gold price is trading below both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). Resistance by these two indicators is at $1,803-$1,804. A 4 hour candlestick close above this resistance area would be a bullish signal. Bouncing off the cloud support is also a bullish signal but in order to increase chances of success for bulls, price must break above the $1,804 resistance. Failure to hold price above $1,793-$1,783, would be a bearish sign.
*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।
