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 climbed to a six-week high on Monday, although it did not show strong follow-through buying. From a technical perspective, overcoming and sustaining above $4,250 would provide a new stimulus for bulls, opening the path for further gains. With daily chart oscillators in positive territory, gold could surpass intermediate resistance around $4,270 on its way to the round level of $4,300.
On the other hand, the Asian session low near the $4,200 round level provides protection against an immediate decline. Any further weakening could be viewed as a buying opportunity, with support likely around $4,180 and $4,150. A decisive break below the latter would trigger technical selling, making the precious metal vulnerable to an accelerated decline toward the $4,100 round level. Further movement below this level would increase the bears' probability of gaining the upper hand.
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
