Euro - dollar parity started the week at 1.0838. Maybe a 1 point drop may be possible this week. So this week, I will follow the 1.0750 level in the euro - dollar parity as a support level.
The ounce price of gold is at 2176 dollars. He got it together a little more today. Last week, it dropped to $2159. Today, it traded between 2163 - 2181 dollars. That critical resistance level is now $2180. We have a gap area below, this is the $2125 level. There were people who bought 50% at the 2160 dollar level. Now, I will be waiting for the $ 2125 level for this week if it falls below the $ 2160 level. Therefore, investors who hold dollars should see this retreat in ounce gold as an opportunity. Because I predict that we will see an upward trend from the 2125 dollar level to the 2225 dollar level by making a 100 dollar attack again. Therefore, on the ounce gold side, the negative outlook in the short term and the positive outlook in the medium and long term continues again.
The ounce price of silver is at $24.70. I don't expect much lag here. Support level at 24.50, support level at 25.50. Silver continues to be cheaper and more affordable than gold. The answer to the question "gold or silver" is silver.
The barrel price of Brent oil is at 86.21 dollars. It completes the week with a 1.5% increase in value. I will be following the 88 resistance in oil prices again.
We also saw rapid aggressive rises in Bitcoin. The $69997 level is currently tested at $69973. So we can call it 70000 dollars now. The $70000 level was tested. We have a value increase of 10.06%. Bitcoin broke a new record, but it also retreated sharply from here. We currently have uncertain pricing. There is a cryptocurrency market that hovers sharply in the $60000 - $70000 range. The outlook is positive in the medium and long term, but fluctuates sharply in the short term. Next thing you know it's 63000 dollars, 62000 dollars, next thing you know it's 73000 - 74000 dollars. It continues to navigate such a harsh band gap. The uncertainties here still continue.
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