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 price is trading around $1,925. According to the Ichimoku cloud indicator in the 4 hour chart, trend is bearish as price remains below the 4hour Kumo (cloud). Price is already making an attempt to break inside the Kumo. With the kijun-sen (yellow line indicator) providing resistance at $1,926 and the lower cloud boundary at $1,928, resistance in the area around $1,927 is key. Price is trading above the tenkan-sen (red line indicator) but the Chikou span (black line indicator) remains below the candlestick pattern (bearish). The Ichimoku cloud indicator remains mostly bearish and if price gets rejected at $1,927, we should expect more downside. Bulls need to recapture $1,928 and push price above the cloud in order to reclaim control of the trend.
*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।
