There was a correction on the Dow Jones side on friday. We were pricing above 40000, but we closed below 40000. Here, I can say that the point where both trackers and bollingers have reached is approximately 39500. As long as it stays above 39500, there is no problem. But in order for us to continue with upward momentum, we need to close above 40050. If it can break above 40050 again, a continuation of the positive upward movement can be expected. But if 40050 starts to be pushed, there will be downward pressure here and I can say that we can go back to 39500 on the Dow Jones side. As long as it can stay above the 39400 - 39600 region, there is no problem. The upward desire will still continue, but if we experience a break in the 39400 - 39600 range, we may enter a period where some further downward pressure will increase. Let's pay particular attention to this.
We can say that Germany is a little more willing and positive. Here too, especially in possible retreats, the tracker will be followed in the same way. Here, after closing above 16700, it continued up without any downward break. The rally starts at 15000. I can say that the tracking indicator took the entire 22% - 23% rally, excluding the decline zone in January. In this respect, it is important to follow this in the 18200s. As long as it can stay above 18200, there is no problem on the German side. I can still state that it will continue to be willing to go up.
For gold, I say 2130 - 2150, especially below. Again, it is useful to keep track of your trail time. But we can also see slight sags below, and the Bollinger peak has already approached approximately 2130. Therefore, if I give a range, the 2130 - 2150 range is still open to upward attempts as long as it is not broken, but it seems to have made the 2150 - 2190 region a saw zone. When we look at it from this perspective, there needs to be a clear breakdown. Either the price will settle above 2190, we will start to see closings here. This will have the potential to take us to the 2400s. Or there will be a downward break and pricing will begin below 2150. This will now push the Bollinger peak, which, if such a move begins, could push us back to the 2070s. This should not be ruled out as a possibility. As long as Bollinger is not broken, there is still no problem. But as long as it cannot break the 2190s above, the saw movement here may continue in a similar way. Let me state that this should not be ruled out.
On the silver side, we are experiencing a similar movement to the one in November 2023. The arrival of Bollinger after a rapid upward movement and the beginning of the correction after a slight violation of Bollinger continues almost exactly as the movement in November 2023. I will be following this in the short term, especially to see whether we will stay above 24,500 or not. If we can achieve this, there is a possibility of an upward reaction again. But let me say exactly 25,300 - 25,800. If it can get closures above this range, the possibility of a movement up to 27,500 will be opened. But if it cannot achieve this and starts to close below 24,500, there is a possibility that the downward pressure will increase here and this may pull us back towards the 24 - 23,700 band. I can also point out that this should not be ignored, on the silver side.
In Brent, my template actually continues to work really well. He made a nest on Bollinger in the past weeks. I stated that the possibility of an attack from here towards the 85-87 region is getting stronger, and we saw this. 87's tested, corrected. When we look at the last two days, it is trying to close the tracker. So he's trying to punctuate this correction on the tracker. If it can achieve this, there will be a reaction towards 87 - 87.500 again. But if the follower goes below 84.750, that is, if it starts to get closes below 84.750, the possibility of retreating towards the region where the Bollinger middle band is located, again between 82.500 - 81.600, will increase. If it starts to get closes below 84.750. It would be beneficial not to ignore this. If we exceed 87,500 above, the target will now appear as the 90 band.
I can say that we have experienced a serious correction on the Bitcoin side. We could not see permanence above our old peak and we continue to correct. It will be very important for it to be able to stay above 60000 here. If the closings above 60000 dollars continue, 67000 - 69000 may be seen with the possibility of a reaction again. But I can say that in order for us to clearly say that we are back up again, we must first pass the trail and then start closing above our old peak of 69000. If you ask where the risk will start to occur and when the correction will start to get more severe, I can say that here are the very important support levels for us with $ 60,000. If we see sags below $ 60,000, if we start to see closings below, I can say that this will undermine the upward process a little on the bitcoin side.
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