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!
The price of gold continues to move sideways in the short term. It's located at 1,995 at the time of writing. The Dollar Index's indecision makes XAU/USD undecided as well. As you already know, the yellow metal changed little in the short term also because the US banks were closed yesterday.
Today, the US data should bring sharp movements in both directions. The Flash Services PMI and Flash Manufacturing PMI represent high-impact events, so the volatility should be very high. Also, the Canadian retail sales figures should move the rate as well.
As you already know from my previous analysis, XAU/USD is trapped between 1,986 and 1,998 levels.
Escaping from this extended range could bring new opportunities. Now, it challenges the upper median line (uml) which represents a dynamic resistance. Its failure to approach and reach the 1,986 static support again signaled strong upward pressure.
Jumping and closing above 1,998 activates further growth and is seen as a buying opportunity.
*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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