There was a correction between 2790 and 2535 dollars in ounce gold in November-December. There may be some correction in 2790s, I said I don't expect the movement to fall too much from 2530s, it turned back from 2536s. While falling to 2790 and 2536, it encountered resistance twice in 2700s at Fibonacci 78.6. When it passed the falling trend line and passed Fibonacci 78.6, it clearly continued its upward movement. The 8-day moving average clearly carries the trend. Therefore, what we will do here is to follow a trace. The trend ended without breaking the 8-day moving average, it came from 2620 to 2850s, carrying the price above its simple 8 moving average like a porter. But there is something we will pay attention to here, the movement is going parabolic. In other words, the 2620 - 2910 movement is going with a parabolic angle. Let's be careful, the golden ratio of the 2790 - 2536 fall is the fibonacci 1.618 level 2947. The trend will continue unless 2859 is broken, but when it reaches 2947, we need to be very careful around this price. Especially those who will open new positions should be careful. I do not expect this movement to go to 3200 dollars, which is fibonacci 2.618, without any correction due to its parabolic structure. It can definitely make an aggressive correction somewhere.
In this sense, we will follow the 8-day moving average every day. For today, 2859 dollars is the condition for the end of the short-term parabolic trend in the ounce of gold. Unless these 8-day moving averages 2859 and / or 2850s are broken, it can continue to follow the trail towards the 2947 - 3080 region. But those who have dollars in their pockets and want to buy gold should be careful when making a cost as they approach the 2947 - 3080 region, and I would like to remind you that they should think twice about taking a position as they approach these regions. In this sense, I can say that $2947 and $3080 are the major targets of gold's parabolic movement. If you ask about the upper target, it is $3200. We have approached $3200, which is one of the main targets of 2025 in many reports, very seriously. If this gold is going to enter a more absurd price dynamic, it should close above $2950 - $3080 more than twice, so let's say this; it is going parabolic, but I think it will postpone its correction later. Otherwise, I think the risk of a correction from the 2947 - 3080 region to the 2860s should not be kept in the background.
Looking at the ounce silver daily chart, we saw the gold rate of $35 - $28, which is 32.5, and we are getting some pressure from there. Now, if silver and gold pass $2947-3080, silver will be convinced that gold is gone and will turn up, $32.5 will be an important intermediate resistance that it sees but wants to see again. Then, an upward movement towards 34.18-33.5 will be triggered, but I say this, keeping the trace and possibility of gold encountering a resistance from the 2947-3080 region in the forefront; silver may remain pressured for a while longer in the 32.5-29.40 band, independent of gold. The important thing here is how the 29.40-32.5 region should be managed. I think that if $32.50 is not passed in silver towards 29.40-28.60, the possible pullbacks will be seen again, and then there will be a technically reasonable eroded region for the 33.50-34 targets.
An investor with no position in Bitcoin should read the squeeze between 94700 and 98100 as flat. If 98100 is passed, it should be seen as an up-trade to 110000, if 94700 is broken down, it should be seen as a short-trade to 86700.
When looking at the weekly chart, Ethereum made a triple top at Fibonacci 78.6 because it could not pass 4041. Now it is swinging towards the trend coming from approximately 900 - 1000 dollars with its 89-week moving average. In other words, the concept of every price returning to its trend worked. Unless Bitcoin is big 98100 or Bitcoin is big 110000, I do not expect an upward turn in Ethereum, in this case, Ethereum cannot pass 3200 - 4000 dollars. If Bitcoin breaks 94700 without passing 98000 and gets a pressure towards 86700, Ethereum will get a pressure towards 1993 dollars. For me, the 2477 - 3200 band is flat, it is not entered here, there is no need to enter. If Ethereum goes down to 1993, I will make an assessment by accepting its cost, because there is no trend, and only buying cheap, or if it has not gone down to 1993, I will buy Ethereum with appetite above 3200 or 4040 dollars.
Each correction in Solana starts with Fibonacci and ends in the trend. If we match Bitcoin with Solana, 94700 in Bitcoin corresponds to 181 dollars in Solana, 86700 in Bitcoin corresponds to 168 dollars in Solana. 181 dollars in Solana is short-term support, 168 dollars is medium-term support. You will stay calm unless 168 dollars is broken. Because the trend is not broken, but if 168 is broken, if you are a trader you will run away anyway, and if you are an investor you will say that the trend is broken, the carrying cost in Solana is increasing. As long as it stays above the 181 and 168 zones, as long as it has the ability to stay, 259.60 will continue to be the short-term target it will see and want to see again, and 327 and 414 dollars will continue to be the medium-term targets. Now let me put a stop discipline and a strategy. Unless 181 is broken, I will wait for 259, if it is broken, I will say that the correction to 168 has started, I will call this short term. Unless 168 is broken, I will wait for 327 to 414. I will call this medium term, that is all the analysis for me.
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