gold

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My Thoughts on Current Markets-136

9 Jun 2024 2 minute read 0 comments Perfectionist25

As long as we stay above 5100 in S&P 500, 6200 and 6800 targets are valid in the short term. Recession possibilities below 5100 are discussed. I was expecting a correction up to Nasdaq 17800 level. But it was limited to 18200 and made a new ATH. Arou...

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9 Jun 2024 6 minute read 11 comments BitcoinBaby

I have been wondering if I should go and write this.If I should share my journey into gold and silver just like I shared my crypto journey?The thing is this Gold / Silver stuff is just a bit different. But with Silver & BTC Batteling. Plus that in...

My Thoughts on Current Markets-134

5 Jun 2024 11 minute read 0 comments Perfectionist25

On Nasdaq, the 50-day average is at 18153 and the 20-day average is at 18438. It bounced up after touching the 50-day average. It hovers around 18464, which is its old peak. At the end of April, it doubled up with a double bottom triangle formation c...

My Thoughts on Current Markets-133

5 Jun 2024 3 minute read 0 comments Perfectionist25

What we actually do on the ounce gold daily chart is this; We made a double top at $2427. It slightly stretched towards 2460 and became a little higher on the right side. Now there has been a pullback towards trend support from there. There is also t...

My Thoughts on Current Markets-132

29 May 2024 3 minute read 1 comment Perfectionist25

When you look at the daily chart of ounce gold in general, the upward trend in the medium-term Fibonacci scale continues. But here we see that it is only under pressure due to the short major falling below the 5 and 8-day moving averages. We are in t...

My Thoughts on Current Markets-131

28 May 2024 6 minute read 0 comments Perfectionist25

Nasdaq is at its historical peak with 18907. It started to go up after 17500 was passed here. He completed the dish he started in April. Price went as far as he could and fulfilled his duty. There was a hard sell but it is recovering again. As long a...

My Thoughts on Current Markets-130

26 May 2024 2 minute read 0 comments Perfectionist25

Dow Jones is especially an important resistance point at 38900 below and 39400 above. We reacted quickly so that when it came to the region in the December - January period, I marked it as the region we would react to. Between 37500 and 38000, it wen...

My Thoughts on Current Markets-128

22 May 2024 3 minute read 0 comments Perfectionist25

Looking at the daily chart of ounce gold, 2427, corresponding to Fibonacci 2.618, was seen 1.5 months ago. Then we pulled back towards the 34-day moving average. Here, in this process, we made a bowl-like double hill. This week, we reached out to 242...

My Thoughts on Current Markets-127

21 May 2024 6 minute read 1 comment Perfectionist25

The historical peak on Nasdaq used to be 18464. We rolled down from here and there were two bottoms. After making a bottom at 16973, it peaked at 17820 and made a second bottom again at 17284. The second bottom remained above the first. It was a very...

How High Will Copper Prices Rise?

20 May 2024 8 minute read 0 comments Perfectionist25

In order to invest in a commodity, you need to know the characteristics of that commodity very well. What is the demand and how are production efficiencies changing? We know that human ingenuity has made some of the commodities irrelevant or reduced...