On the Dow Jones side, we were already talking about the breakout and Bollinger upper band. What is important here? From now on, we should never break this region in case of a possible retreat above 34800 or 35000. Unless it breaks this region, the strongest obstacle will be the 35600 - 35800 region. If we start to see pricing above this range, there was a movement on the Dow Jones side, first in the 36000s and then in this region, going to the top after the pandemic. It should be noted that 36800s may become the target level for us in the coming days, perhaps in what we can call the year-end rally. But the condition for this is that we can make a net closing above the 35600 35800 region. If we achieve this, we can say that the positive trend on the Dow Jones side will continue. Let me state again below that we should not close below 35000 - 34800. Confirmation correction may come. But as long as it doesn't break here, we can read the charts that there is no problem, the upward movement will continue.
On the German side, it exceeded the 16000 level, which it could not exceed for a long time, and has been closing above this level for 3 days. If this continues, 16300 is one of the strongest resistances. The movement will continue up to this level. We do not want to close below 16000 from now on, in order for the positive trend to continue. Even if pricing starts above 16300, we can state that first the peak at 16600 and then the Bollinger peak at 16750 will become the target.
There are very harsh movements on the Brent side. It goes to 82's. The middle band of our Bollinger is 82.500. Hard sales come from here too. Look, this region is completely Saw region and it drops to 78 and then rises to 82,200. He has done this many times in the last 10-15 days. It may also act harshly based on news flows regarding these cuts, where we are likely to see similar movements. Unless we can get closes above 82,500, the downward pressure here may continue. Breaking 78 will cause it to move into a negative zone. That's why we will follow whether 78 will be broken or not. If brent oil starts to close below 78, the 76 - 72 region was the band of our tests in this region, or even the 78 - 72 region. There will be a return to this region, and if 78 is broken and closings below begin, oil may move horizontally in this region for a long time, such as the 2-month period here. Unless the news flows come and have an impact, we will especially look at 82,500 above. If there is a close above it, it will turn positive again at 85 and then the 88 - 90 range. But if we cannot exceed this region, 78 below is our limit level. If it starts to close below, it will mean the continuation of the downward pressured saw market for us.
Despite the negative news on the Bitcoin side, Bollinger continues to hold on. The 36000 - 34500 band is important for us. The upward movement may continue as long as it does not fall below this range. We were wondering what the targets here would be, the range of 39000 - 41000. This movement continues, in fact, we seem to have overcome the area where we have difficulties. We can say that if the closures above 37500 continue, this will take us to the 39000 - 41000 range. Especially if it is not still closing below 36300, we can say that technically there is no problem on the bitcoin side in the trend. If we start to close below, a correction of 34500 - 32500 is expected. Let's pay special attention to this here too.
Gold continues to push the 2000 dollar mark. Look, on the war side, at least we saw a ceasefire, yet gold is going up. Now gold has left the FED and the war side. We can say that the FED has started to price whether an interest rate cut will come or not. We were drawing attention to the 1930s, after making a precise touch, it came back to 2000 dollars from 1930. The next point you will look at here will be 1970 in the short term and 1930 in the medium term. If gold does not reach the 1970s level in the short term, our first target will be the Bollinger upper band here, which reached the 2048 level and could not pass it. Here I can say that after another correction and confirmation correction, a new peak movement may occur towards 2070. When you look at the general medium term, the 1930 - 1940 sales can be considered as a buying opportunity, provided that you act with a short stop.
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