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 $4,321 following a sharp technical correction, after reaching a high of $4,449 yesterday during the Asian session.
From that level, gold has fallen sharply and is likely to continue declining in the coming days until it reaches the Murray 3/8 level, around $4,218, or it could even find strong support around $4,193, at the 200-period exponential moving average (EMA).
If, in the coming hours, gold reaches the $4,320 low—which represents the low from August 7—a technical rebound could occur, as this level technically represents the daily S_1 support level. If XAU remains above this zone, gold is likely to recover in the coming hours.
A move toward $4,375 could be considered an opportunity to open short positions. On the other hand, if the price reaches $4,387, it will be considered a clear signal to sell in the coming days, with targets around the Murray 3/8 level.
The Eagle indicator is showing a negative signal at the moment; therefore, as long as the instrument trades below the Murray 4/8 level in the coming hours, our outlook will remain negative.
*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।
