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 XAU/USD pair is trading around $4,563, rebounding after hitting strong support that coincided with the lower band of the downtrend channel formed since February 15, giving it a chance to recover.
The outlook for gold is weak, so we could still see downward pressure. If gold approaches the 21 SMA around $4,620 in the coming hours, it could be considered an opportunity to open short positions.
On the other hand, a zone to open long positions would be to wait for gold to continue falling until it reaches $4,500 or $4,480; both levels could offer strong support and could coincide with the lower band of the downtrend channel, presenting an opportunity to enter long positions on a strong technical rebound.
The Eagle indicator has reached oversold levels and is showing a positive signal. Therefore, in case of a technical correction toward $4,500 and as long as the price consolidates above this zone, any pullback will be considered an opportunity to buy 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।
