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!
According to the Ichimoku cloud indicator on a daly basis, Gold remains in a bullish trend. Price made a pull back yesterday and tested the first important support level where we find the tenkan-sen (red line indicator). Today the tenkan-sen is at $1,990 and a daily close below this level would be a sign of weakness. A close below the tenkan-sen would suggest that a pull back towards at least the kijun-sen (yellow line indicator) should be expected. The kijun-sen is currently at $1,920 and the Kumo (cloud) is at $1,877. As long as price remains above the Daily Kumo, trend remains bullish. The Chikou span (black line indicator) is also above the candlestick pattern (bullish). Technically a pull back towards $1,920 or even $1,880-70 area is justified. However this can not change the trend alone. Bears needed a bigger reversal in order to regain control of the daily trend.
*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.
