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 trading in the red at 1,980 at the time of writing and it seems undecided. As you already know from my previous analyses, XAU/USD signaled exhausted buyers, but a corrective phase still needs confirmation.
Fundamentally, the yellow metal is under downside pressure as the US Revised UoM Consumer Sentiment came in at 63.8 points above the 63.0 points expected. Furthermore, the Core PCE Price Index reported a 0.3% growth matching expectations, while Personal Spending rose by 0.7% exceeding the 0.5% growth forecasted.
The rate tested and retested the 1,987 historical level and now it has dropped a little. Personally, I've drawn a descending pitchfork trying to catch a new swing lower.
Technically, the 1,976 immediate low represents a key downside obstacle. As long as it stays above it, the rate could resume its growth.
A bearish closure below 1,976 represents a bearish signal. This scenario activates more declines at least towards the median line (ml).
*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।
