Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Even though on the 4-hour chart of the Gold commodity asset, the condition of the Stochastic Oscillator indicator is at the Overbought area level and is getting ready to fall below level 80 at this time, but with the condition of the Gold price movement being above the 200 EMA and the Golden Cross condition between the 20 EMA which is above the EMA 50, it seems that in the near future there will only be a momentary weakening correction, which is important as long as the downward correction does not breaks below the 2123.83 level, then Gold still has the potential to continue its strengthening. This is confirmed by the emergence of the Failing Wedge pattern so that if the 2163.11 level is successfully broken above, Gold has the potential to continue its strengthening. up to level 2172.22 as the main target and level 2188.51 will be the next target to be aimed at.
(Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
