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!
At the start of the new week, gold continues to show a modest intraday rise, although it is not displaying strong confidence, remaining within its weekly trading range. From a technical standpoint, the 200-hour Exponential Moving Average (EMA) has been providing support for the precious metal since the beginning of this month. At the moment, the 200-hour EMA is located near $4190 and should become a key reference point for short-term traders. A decisive break below this level would trigger technical selling, making gold prices vulnerable to an accelerated decline toward the $4160–4163 level—the December monthly low—on the way to levels below the round $4100 level. If this round level is broken decisively, it will become a new trigger for the bears, opening the way to more significant losses.
On the other hand, the $4250–4260 level continues to serve as a strong barrier. A steady rise in prices beyond it would reach the next barrier in the $4270–4278 level, before gold attempts to reclaim the round $4300 level. New buying will become the key factor for XAU/USD growth, opening the path toward a resumption of the upward trend.
*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।
