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!
[Gold]
Considering both EMAs are forming a Golden Cross and the RSI is in the Extreme Bullish level, buyers are expected to dominate Gold throughout today.
Key Levels
1. Resistance. 2 : 4381.54
2. Resistance. 1 : 4359.96
3. Pivot : 4334.45
4. Support. 1 : 4312.87
5. Support. 2 : 4287.36
Tactical Scenario:
Positive Reaction Zone: If Gold rises above 4359.96, it has the potential to test the level at 4381.54.
Momentum Extension Bias: If 4381.54 is broken, there is potential for further strength towards 4407.05.
Invalidation Level / Bias Revision:
The upside bias weakens if Gold declines and breaks below 4287.36.
EMA(50) : 4344.38
EMA(200): 4323.00
RSI(14) : 77.16
Economic News Release Agenda:
Today, there are no economic data releases scheduled for when the U.S. session opens tonight.
*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.
