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 prices dropped to $1,825 during the Asian session on Wednesday. The yellow metal is seen to be trading close to the session lows at around $1,826 at this point in writing and is expected to resume higher anytime soon from here. Bulls need to hold prices above $1,805 and subsequently $1,786 to keep the structure intact.
Gold prices are unfolding a counter-trend rally towards $1,920 since printing lows at around the $1,786 levels. The metal seems to have terminated its first and second wave at around $1,880 and $1,805 levels respectively. If the above structure holds well, prices would resume higher from here and push through $1,920 going forward.
Gold prices are working on a larger degree downswing between $1,998 and $1,786 as discussed earlier. The Fibonacci 0.618 retracement of the above drop is seen through $1,920 (highlighted as a rectangle here). The high probability remains for a bearish reversal if prices manage to reach there.
Potential rally through $1,920 against $1,781
Good luck!
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
