Let's start with the ounce gold analysis. A horizontal image is still preserved. On the daily ounce chart, the gold rate of the 2146 - 1973 decline is 2254. Therefore, I am not writing it anymore because 2194 dollars, which is Fibonacci 1.272 of the 2194 target, are being tested. Therefore, as long as it stays above 2146, it moves towards 2254, towards the golden ratio level, towards Fibonacci 1.618. As long as the ounce of gold stays above 2146 in terms of short-term trading modelling, it reaches the target called 2254. Not counting the movement from the 1900s, as long as it stays above the 2000s. It was already a target. I think gold will continue towards the target of 1.618 and 2254. I think the story here is; It doesn't matter whether he whines like that in 2194, whether he gets pressure or not, etc. The important thing here is that there is a jam here. The target of 2254, which is the golden ratio, will continue to be followed with the discipline of placing a stop loss on a close below 2146 or a close for more than 2 hours.
But I'm putting an asterisk and an exclamation point here. Since 2254 is a gold ratio level, whether or not 2254 is exceeded will be of great importance, especially in the sense of being eager and spoiled in upward pricing, attempting a momentum, and/or if 2254 is not exceeded, it will make a very important decision in the form of a downward break. Ounce of Gold. As long as it remains above 2146, the 2254 target will be maintained. Depending on whether 2254 is passed, the door will either open to a process in which we will start talking about 2427 in a more enthusiastic tone, or Gold will receive a sharp correction towards 2100 before 2254 is passed. The investor will follow 2146 as a pivot zone. In terms of trading, it will tie the risk management level to 2146. He will play for 2254. If you are wondering what will happen below 2146, if it exceeds 2194, it will go to 2254. If it passes, it will speed up and if it does not pass, it will make corrections.
I think 2254 is the most critical target and resistance zone for the ounce of Gold since the prices in the 1900s. If this point cannot be passed, perhaps a scenario for gold's return may come into effect, not immediately, not as a sudden split, but over time, in a gradual manner, towards the 2080s. But if we are going to manage a risk such as such a scenario has come into play or it has gone even higher from here, what we will do is wait for 2254 above 2146. If 2254 is passed and it closes above it, the investor will do the following. It will move the stop loss at 2146 higher to a region such as 2200 - 2100. This time it will bet to 2400 and this time it will increase your track time. This is how he will protect himself.
A contracting triangle is visible on the silver weekly chart. It is given at 26 and put back at 21 or 22. But time is short. Even what I call narrowed is at least 1.5-2 months since it is a weekly chart. Fibonacci 78.6 level of the decrease of 28.65 - 17.5 corresponds to 26.28. If silver closes above 26.28 more than twice or even weekly, because the chart is here weekly, then the momentum performance expected from silver for those years may occur towards 31.5 - 35. Unless 26.28 is exceeded, tides will occur between 21.8. There is a 15% dollar-based trading band.
On the Bitcoin daily chart we have followed a megaphone with a classic perfect expanding triangle dynamic from 26000 to 74000. The 73800 top and 60800 last week's drop are 10 to 15 days high and 78.6 of the bottom is crossed at 71062. If bitcoin can crown this with a close above 71058's, there is a green channel target here. There may be a spoilage in the price up to 77356, which corresponds to Fibonacci 1.272, or even up to 81840, which corresponds to 1.618. But I would especially recommend two disciplines to traders. If the appetite and stronger upward tone will continue, the closing above 71058 should continue. Well, closing above 71058 is our appetite and an if condition for us to continue, of course it is not a follower to maintain the position. 64350 is the short term support tracking level. Above the 34-day moving average, bitcoin has made three bottoms. Now it's at 71058. Now, since the equivalent of the moving average that carries this price above this price 3 times is 64350, this is your short-term trace.
No need to fight the price. As long as we stay above this point, we continue to rise cautiously. If it starts closing above 71058, continue up with appetite. This is discipline modding. If bitcoin, which continues to remain above 64350, passes 71058, it will continue on its way towards 73850 - 81840, in a safer way and with more momentum, with a more enthusiastic long trade. The golden ratio of the current above 81840 - 64350 is the short-term Fibonacci target zone. I attach a lot of importance to 81840. If this point is passed, the always awaited spoiled illusion in Bitcoin may begin. But be careful, if this point is not passed, the major upward movement at 63000 and/or the trend at 52000 may result in a very harsh short-term trend ending within the medium and long-term uptrend. Here I say Bitcoin's targets are 73850 - 81840 above 64350. We encounter a bad scenario below 64350. Of course, we have another resistor in 77350, which is also a channel resistor.
Therefore, as long as it remains above 64350, the price will rise towards 73850, 77300 and 81000. Here's what I would strongly advise investors on technical discipline: In my opinion, whether 80840 is crossed or not is of huge importance for the movement starting from 23000. It will be very important whether this place can be passed or not. If 64350 is broken before going here or without going here, we need to be very careful in the short term. The medium to long term trend may continue. But a short-term downtrend may begin. In my opinion, the downtrend in Bitcoin will not start unless 64350 is broken. But if it breaks, it can start aggressively.
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