Euro - Dollar parity was at 1.0538 yesterday. Inflation figures from Europe were announced yesterday. Although the inflation rate decreased below expectations, we did not see an attack in the euro-dollar parity. This offers a good opportunity to those who have dollars, those who will make parity, and those who will buy Euros. These declines in the euro - dollar parity are not permanent. It is necessary to be prepared for aggressive rises.
An ounce of gold was at the level of 1947 dollars yesterday. Currently, it has risen to the level of 1962 dollars. I will continue to follow the $1980 resistance. These increases are no surprise to me. It rose to 1962 dollars yesterday. The reason for this rise was geopolitical risk, that is, war pricing. It will continue its upward attacks again. However, we need to see the 1980 dollar resistance again to comment. It may be possible for it to make a return from here or at least a rest mode. Because 1962 dollars was the critical resistance level. If it closed above here, we would be at the 1980 dollar level. The 1962 dollar level could not be broken, it may want to rest at the 930 dollar level again and take the 1980 dollar level as a target. We continue to wait for the 1980 resistance. I predict that these declines will not be permanent. I can say that these declines will not be permanent and the rapid rises will continue on their way again. To summarize, the level I follow in ounce gold is between 1930 and 1980 dollars.
There have been rapid increases in oil prices, which is normal and after such a huge massacre, it is unthinkable that oil prices will not rise in this ring of fire in the Middle East. It was at $91.36 yesterday. We were in the $85 to $90 range with a 1.14% premium. Now it continues to be sold in the 90 - 95 dollar range. We have two ways, this process will be a little easier. I expect a short-term process such as the humanitarian corridor aid trucks entering the region again and the formation of a corridor for humanitarian aid to reach them. There may be a calm in the short term. Therefore, there may be some rest mode in both Gold prices, Silver prices and Oil prices.
When we look at the Bitcoin side, we had $28,212 yesterday. On this side with 1% sellers, the pressure continues, but sudden aggressive increases may occur. On the Bitcoin side, there will be a period when those investing in the cryptocurrency market will wait a little more patiently.
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