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!
From a technical perspective, Friday's decline below the horizontal support at $4,150, followed by subsequent downward movement and a close below the round level of $4,100, became a new trigger for the bears.
However, it's worth noting that the oscillators on the daily chart have not yet moved into negative territory, indicating that the bulls are not ready to give up. Therefore, this requires caution on the part of the bears.
The nearest support remains at $4,075, where the 14-day EMA is located. Following that, the zone around $4,030-$4,020 will help protect against a decline toward the round level of $4,000. After that, the XAU/USD pair will accelerate its decline toward the next round level of $3,900, with some stops along the way.
On the other hand, if gold manages to overcome the $4,100 round level again, the bulls will attempt to reclaim the $4,200 round level, with obstacles along the way around $4,150, where the 100-hour SMA is located on the hourly chart.
*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।
