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!
The statements of Jerome Powell yesterday disappointed gold bears, and this can be clearly seen via the price movement during the US session. But before the rally, gold had a false breakout at the October 18 low.
Now, gold has key levels at the top.
Silver, meanwhile, was trading at $ 23 (50% retracement level) before Powell's speech.
It has a huge potential of rising to $ 24.8 - $25.0.
Considering this, traders should take long positions on both assets, with targets on the levels shown in the charts above.
All these are based on Price Action and Stop Hunting strategies.
Good luck and have a nice trading day!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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