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 $4,575, retreating after reaching the psychological level of $4,600, its all-time high for now.
Gold encountered strong resistance around $4,600. From this level, we are seeing a technical correction that could continue in the coming hours and reach the 5/8 Murray at $4,537, ultimately covering the gap left at the close of Friday's session around $4,511.
This strong upward momentum in gold is due to market fears and uncertainties, so we should be very careful, as we could see a sharp rebound in gold in the coming days, reaching the 6/8 Murray around $4,687.
If gold falls below $4,531, we could expect a bearish acceleration, and the instrument could reach $4,473 (21 SMA), a key level that could be seen as a point for a technical rebound, or around the bottom of the uptrend channel located at $4,465.
The Eagle indicator is showing a positive signal, so we will look for opportunities to buy in the coming days, but first, we should expect a technical correction in the coming hours towards the 5/8 Murray support or the 21 SMA. Both levels could be seen as a good point to open long positions.
Let's remember that gold left a gap around $4,510 and another at $4,327. A sharp drop in gold could develop in the coming days, and gold is likely to reach levels of $4,300.
*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।
