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!
The price of Gold is located at 1,815 at the time of writing. It seems undecided in the short term as the Dollar Index is moving sideways in the short term as well. The bias remains bearish despite temporary rebounds, so XAU/USD could extend its downside movement.
The yellow metal rebounded yesterday, it has climbed as much as 1,824 where it has found resistance again. Fundamentally, it has turned to the downside after the BOC policy meeting and after Fed Chair Powell's Testimony.
Today, only the US Unemployment Claims could have an impact. XAU/USD could change little in the short term as the traders could wait for BOJ and for the US NFP before taking action again. Positive US data tomorrow could force the yellow metal to drop again.
Technically, Gold maintains a bearish bias as long as it stays below the median line (ml) and under the weekly S1 (1,821). Now, it tries to come back higher after failing to make a new lower low.
The 1,811 low represents a downside obstacle. Still, the downside continuation could be invalidated only after making a new higher high, after jumping and closing above 1,823.
A new lower low and bearish closure below 1,811 activates more declines and represents a new selling setup.
*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।
