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!
Early in the American session, gold is trading at 3,029 within the downtrend channel formed on March 18 and above the 21 SMA. We are observing the exhaustion of bullish strength.
Gold is testing the top of the downtrend channel. If it fails to consolidate above 3,034, we could expect a technical correction.
Gold could continue its bearish cycle in the coming days. To confirm the downtrend, we should expect consolidation below 3,020, then the price could reach the 6/8 Murray at 2,968, and eventually reach the 200 EMA around 2,939.
On the other hand, if gold consolidates above 3,034 in the coming hours, we could expect it to reach 7/8 Murray at 3,046. Beyond this level, gold should surpass its all-time high and could then reach around 3,125, around 8/8 Murray.
The eagle indicator is showing negative signals. The chart shows that gold is showing signs of exhaustion, so we believe a decline below $3,034 could occur in the coming hours.
*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।
