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
The first week of October saw gold in a state of hesitation and uncertainty. Two levels served as the center of attraction for almost the entire week: the daily short-term trend (2653.63) and the psychological threshold (2650.00), tested earlier. The bears lacked the strength to continue the downward correction that began in the last days of September. However, if they break out of the consolidation zone, their first downside target will be the support of the daily Ichimoku cross (2603.46 – 2578.24 – 2553.02). It's also important to note that the weekly short-term trend will soon shift upwards to the level of 2554.23, which will strengthen the daily support. If the bulls emerge victorious from the current uncertainty, there are no historical benchmarks for gold at this section of the chart, so attention can shift to psychological "round" levels, such as 2700.00 – 2750.00 – 2800.00.
H4 – H1
The consolidation on the higher time frames has caused the key levels on the lower time frames to merge around 2652.37 – 2651.36 (central Pivot level of the day), creating a horizontal alignment and allowing the market to revolve around these levels. If the uncertainty persists, the current placement of key levels will remain unchanged. However, if the market manages to break out of the consolidation zone, the support and resistance of the classic Pivot levels will guide intraday directional movement. New Pivot level values to focus on will be set at the opening of the new trading week.
Technical analysis tools used:
*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।