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!
Early in the American session, gold is trading at 2,644 around the 21 SMA, below the 200 EMA, and within the symmetrical triangle pattern forming since November 26.
On the H4 chart, we see a consolidation. If the gold price breaks sharply and consolidates above 2,652, we could expect a bullish movement that could push the price up to the 5/8 Murray at 2,695.
On the other hand, a sharp break of the symmetrical triangle pattern below 2,638 could mean a bearish acceleration. Therefore, the price could reach 3/8 Murray at 2,620 and 2/8 Murray at 2,578. Eventually, the metal could reach 2,562 where it left a gap on November 14.
Technically, gold could follow a technical correction in the next few days and resume its bullish cycle. The key will be to pay attention to the 3/8 Murray support. A technical bounce around this area could offer an opportunity to resume buying.
Our trading plan for the next few hours is to buy and sell inside the symmetrical triangle pattern below 2,652 and above 2,640.
*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।
