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!
Red line- short-term expected path
Blue lines- Fibonacci retracement levels
Black line- bearish RSI divergence
Gold price is trading around $1,980. Technically trend remains bullish as price continues making higher highs and higher lows. Gold price has reached again the recent highs around $1,996 and is showing signs of rejection. In the near term Gold price is expected to make a pull back. Current market conditions justify such a pull back, but we have no confirmation yet of such a reversal. The RSI has warned bulls as price rises and the RSI is making lower highs. Gold has made an impressive upward wave from $1,800 and this is the time to see a pull back. The pull back is expected to push price towards at least the 38% Fibonacci retracement around $1,930. We expect Gold to form a major higher low around that level.
*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।
