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!
Forecast for April 21:
Analytical review in H1 scale:
For Gold, the main key levels on the H1 scale are: 1710.30, 1697.74, 1687.69, 1669.39, 1661.31, 1641.21 and 1626.13. Here, we are following the initial conditions for the downward cycle of April 16. The continuation of the movement to the bottom is expected after the price passes the noise range of 1669.39 - 1661.31. In this case, the target is 1641.21. For the potential value for the bottom, we consider the level 1626.13. Upon reaching this level, we expect consolidation, as well as an upward pullback.
On the other hand, consolidated movement is possible in the range of 1687.69 - 1697.74. The breakdown of the last value will lead to an in-depth correction. Here, the goal is 1710.30. This level is a key support for the downward movement.
The main trend is the initial conditions for the downward cycle of April 16.
Trading recommendations:
Buy: 1688.00 Take profit: 1696.00
Buy: 1698.00 Take profit: 1710.00
Sell: 1669.00 Take profit: 1662.00
Sell: 1660.00 Take profit: 1643.00
For Oil, the main key levels on the H1 scale are: 7.05, 4.92, 2.40, and 0.77. Here, the price reached the predicted values and the market collapsed. Now, a recovery is expected in the positive price zone. Meanwhile, a short-term upward movement is expected in the range between 0.77 - 2.40. The breakdown of the last level will lead to the formation of initial conditions for the upward cycle. Here, the first goal is 4.92. For the potential value for the top, we consider the level of 7.05 and we expect consolidation near this level.
At the moment, the price is near the limit values for the descending structure of April 9, namely the level 423.6 - 450.00 on the Fibonacci scale.
The main trend is the descending structure of April 9.
Trading recommendations:
Buy: 15.90 Take profit: 17.30
Buy: 17.60 Take profit: 19.80
Sell: 13.60 Take profit: 12.40
Sell: 12.20 Take profit: 10.70
For Silver, the main key levels on the H1 scale are: 16.11, 15.79, 15.58, 15.38, 15.26, 15.00, 14.78, 14.64 and 14.42. Here, the price has formed a small potential for the downward movement of April 14. The continuation of the downward movement is expected after the breakdown of the level of 15.00. In this case, the target is 14.78. A short-term downward movement, as well as consolidation is in the range of 14.78 - 14.64 . For the potential value for the bottom, we consider the level of 14.42. Upon reaching which, we expect an upward pullback.
Short-term upward movement is possibly in the range of 15.26 - 15.38. The breakdown of the last value will lead to an in-depth correction. Here, the target is 15.58. This level is a key support for the downward structure and its passage at a price will lead to the subsequent development of the upward trend. Here, the first goal is 15.79.
The main trend is the formation of potential for the downward movement of April 14.
Trading recommendations:
Buy: 15.26 Take profit: 15.37
Buy: 15.40 Take profit: 15.56
Sell: 15.00 Take profit: 14.80
Sell: 15.77 Take profit: 14.65
*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.
