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 continues to respect cloud support. In our previous posts we noted that as long as Gold price remains above the Ichimoku cloud, bulls will have the upper hand. Gold price is challenging recent highs at $1,784 while price is now at $1,781.
Black line- major resistanceGold price tested the cloud support once again and price is bouncing again. Yesterday we said that bulls need to hold above the cloud and break above yesterday's high. Yesterday's reversal was not a good sign and that is why bulls needed to break above it. This will increase the chances of price breaking also the black downward sloping resistance trend line. Support by the cloud in the 4 hour chart is at $1,775-70. Bulls need to defend this. Resistance by the trend line is at $1,792. Recapturing the $1,790-95 level, bulls will most probably get the upper hand and confirm the trend reversal.
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