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 price has bounced from $1,780 to $1,800 however according to the Ichimoku cloud indicator this was of no major importance. We warned traders that for Gold to change trend, price will need to break above $1,810. Gold is now challenging the cloud resistance in the 4 hour chart and bulls need to be very cautious.
Gold price is testing the Kumo (cloud). There is important resistance between $1,800 and $1,810. Gold needs to break it in order to continue higher and change short-term trend. In case we see a rejection at current levels we will have a bearish signal. The support at $1,780 has been tested several times and it is a confirmed major short-term support level. Breaking it will produce a trustworthy bearish signal with $1,750 as the first target. Traders need to be cautious. The tenkan-sen (Red line indicator) support is at $1,794. This is also where we find the kijun-sen (yellow line indicator). If the 4 hour candlestick closes below this level, we will have another bearish signal.*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。
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