My Thoughts on Current Markets-68


We have left another week behind. I stated that this week would give good buying opportunities, especially on the silver side, especially on the foreign exchange and gold side, and at the last close of the week, we observe that Gold prices, Silver prices, euro and other instruments completed the week with an increase.

Euro - dollar parity continues to maintain its strong stance. Even though it remains below 1.0976, that is, 1.10, I continue to increase my positions here. Because my expectation is positive for the euro-dollar parity in the 1.15 band, I continue to evaluate this process by making additions at every opportunity.

Ounce gold completes the week with a 1.34% increase in value. It is currently at the level of 2055 dollars. This week it has fallen to the level of 2017 dollars and those who will buy gold this week at least until Thursday should take advantage of this opportunity and after Thursday we will enter a new pricing process. I had warnings to complete this recruitment process by Thursday. Ultimately, we saw a suppression and a decline after the American inflation data was announced. These were fake declines, but when we looked again today, we saw a rapid recovery and rose to the level of 2055 dollars. Look what a big change happened in one day. It was at the level of 2017 dollars, and one day later we saw an increase at the level of 2055 dollars. So, the numbers showed us how realistic my thesis this week was. In particular, I had warnings that these purchases should be completed by Thursday, a new trend is starting. From now on, there will be partial correction movements on the gold side, silver side, euro side, sterling side. But I do not foresee a decline and you need to gradually get used to the upward trend for 3 months.

I have often stated that it will also diverge positively on the ounce silver side. Here we saw a pullback to the $22.50 level. It is currently completing the week with a 2.5% increase in value. I stated that the target was 24 dollars. Yesterday, there was an increase of up to 3% in the ounce price of silver, which is currently at $23.32. Of course, the ration also contributed here. The target is 24 and then 26 dollars, the rises on the silver side will continue without any opportunity. This week, those who wanted to buy silver had a good buying opportunity on the silver side, and the buyers made good use of it.

There is a stable situation in oil prices again. The 75 - 80 dollar range remains valid here. Currently, there is a 0.67% increase in oil prices at $78.31. I think it will settle above the $80 level at the first opportunity. In particular, this week I told you about the geopolitical tensions in the Red Sea. I had warned that the tensions here would positively support oil prices. Attacks by America and England and attacks on the Yemeni side escalate geopolitical tension. I would like to express that I expect serious news flows over the weekend, especially on the side of geopolitical tension. That's why I still expect the outlook for oil prices to be positive.

I made the following prediction in the cryptocurrency market again this week. No bull market or bull market has started. You focus on wide bandwidth. I had warnings that we will see bitcoin fluctuating in the broad band range between $ 38000 - 48000 and that we will see serious declines in altcoins. Again, these warnings continue. Focus on the broadband range Focus on the $38000 - $48000 range. You may say, or you may ask, can such a wide bandwidth be possible? 10000 dollars Yes, it is possible, and it worked like honey. In other words, I have often expressed to you throughout this week that the news flows that came over the weekend were empty, that these increases did not start with the incoming news flows, that the bear market did not start, and that this was trap pricing. Currently, bitcoin has a level of $43697 with 5.5% sellers. As you can see, there is a very serious sales right now. They were trap pricing, manipulation pricing, fake news flows. Again, focus on the $38000 - $48000 range. It has a very wide bandwidth. There is manipulation pricing. Those on this side need to be very careful.

Sterling - dollar parity is at 1.757. The stable, calm course continues here. This year, I continue to wait on the parity side at 1.30 and then 1.32.

The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy services are provided within the framework of the investment consultancy agreement to be signed between brokerage firms, portfolio management companies, banks that do not accept deposits and customers. The comments in this article are only my personal comments and these comments may not be appropriate for your financial situation and risk return. For this reason, investments should not be made based on the information and comments in my articles.

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