Sirwin
Sirwin

gold

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Gold Appears To Have A New Bottom Near $2,040

16 Jan 2024 2 minute read 1 comment SweptOverNiagara

The average gold price going back decades reveals a startling pattern, the bottom for gold is on the rise. For the better part of two decades, between 1996 and 2006, gold averaged around $350. The massive spike to over $1,900 (May, 2011) that follows...

My Thoughts on Current Markets-70

16 Jan 2024 2 minute read 1 comment Biologist25

Euro - dollar parity retreated a little further to 1.0944 level. We may see the 1.09 support level in the euro - dollar parity again this week. This offers medium and long-term investors a repurchase opportunity. An ounce of gold is at the 2051 dolla...

My Thoughts on Current Markets-69

15 Jan 2024 2 minute read 0 comments Biologist25

The Dow Jones side has continued to move for about a month, stuck in the range between 38000 and below 37500. There are attacks above 38000, but they cannot be permanent above 38000. When it starts to stay above 38000, we can start talking about new...

My Thoughts on Current Markets-68

13 Jan 2024 3 minute read 0 comments Biologist25

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 pr...

My Thoughts on Current Markets-67

12 Jan 2024 11 minute read 0 comments Biologist25

Many institutions expect a recession in 2023. It was very unreasonable to be in risky assets, there was a very pessimistic picture with collapse scenarios etc. But when we look back, Nasdaq has rallied like this. There was also a Santa rally. Then, a...

My Thoughts on Current Markets-66

11 Jan 2024 3 minute read 1 comment Biologist25

Euro - dollar parity is in a calm course at 1.0956. It continues to be protected in the horizontal narrow band range. Because there is important data today. Inflation data will be announced in America. Until today's data, this calm and boring pricing...

My Thoughts on Current Markets-65

10 Jan 2024 2 minute read 0 comments Biologist25

Gold has been below the short-term downtrend since reaching around 2146 on the daily chart, where we made a peak towards there. Now when will we get rid of the falling train? Let me explain my if condition once. In other words, when will strong prici...

My Thoughts on Current Markets-63

8 Jan 2024 3 minute read 0 comments Biologist25

The dollar is strong in international markets. There is a dollar index above the 102 level this week. I will continue to follow the dollar index's $101.80 - $102.80 range. Another important development this week that closely concerns the dollar and d...

My Thoughts on Current Markets-62

8 Jan 2024 3 minute read 0 comments Biologist25

The trend, which started at the bottom in Dow Jones, continues upwards without falling below the RSI, as well as passing the red trace period. The first dot trial has arrived. This was at the end of last week. It is necessary to pay attention to this...

My Thoughts on Current Markets-61

7 Jan 2024 2 minute read 0 comments Biologist25

In international markets, the dollar index had tested above the 102 level. The dollar index declined again. In other words, last week we left behind a week in which the dollar increased in value in international markets. Euro - Dollar parity closed a...