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!
Gold is trading around $4,132 with a strong upward movement that began at the opening of this week's session. Over the past 24 hours, gold has gained more than $140 in price.
Yesterday, at the opening of this week's trading, gold was hovering around $4,000. Now, the price is around $4,132, so it is likely to continue rising until it reaches strong resistance at $4,162.
On the H4 chart, we can see that gold is trading within an upward trend channel and is likely to reach overbought levels, given the strong resistance at the $4,162 and $4,155 levels.
The Eagle indicator has reached overbought levels, so we should be very cautious in case a technical correction occurs during the US session. A good area to consider short positions could be below $4,162, with targets at $4,062 and even $4,036.
Gold left an unfilled gap on October 24th around $4,114. Yesterday during the US session, it filled this gap, surpassing this level.
Gold also left another unfilled gap around $4,000, so we should keep an eye on this area, as it is likely to return to those price levels in the coming days.
*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।
