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 4,122, undergoing a technical correction after reaching 4,150. The metal is expected to go ahead with a technical correction and could find good support around the 21 SMA located at 4,085.
The outlook remains positive for gold, and we expect that after a technical correction, it could continue its rise in the coming days to reach the 7/8 Murray located at 4,215. It could even reach the psychological level of 4,300.
Gold has strong support around 6/8 Murray located at 4,062, which is likely to cause a technical rebound in this area and will be seen as an opportunity to buy in the short term.
Gold could reach weekly resistance levels around the 7/8 Murray in the coming days. It could even exceed this level and reach the top of the uptrend channel around 4,325.
Conversely, if gold falls below 6/8 Murray and consolidates above the 200 EMA located at 4,034, it will be seen as a clear signal to resume short orders, and gold could reach 5/8 Murray around 3,906.
The Eagle indicator is showing a positive signal, so we will look for opportunities to buy in the short term from current price levels or in case of a technical correction.
*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।
