gold

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Central Banks Bought 1,037 Tons Gold In 2023!

7 Feb 2024 2 minute read 3 comments SweptOverNiagara $0.10

It's amazing that for two years in a row, central bank gold buying has surpassed 1,000 tons. 2023's total of 1,037 tons fell shy of just 45 ton for the previous year 2022 which in itself, was a record breaking year. This has certainly helped the pric...

My Thoughts on Current Markets-83

7 Feb 2024 2 minute read 0 comments Perfectionist25 $0.14

Euro - dollar parity is at 1.0773. I would like to remind you that my expectations for this year continue at 1.12 and then 1.15. There are upward movements again on the ounce gold side. In particular, I stated that the 2018 dollar level was a strong...

USD Up 2 Points Since January 5!

5 Feb 2024 3 minute read 2 comments SweptOverNiagara $0.16

The dollar, Bitcoin, gold, silver and oil. Let's see how things are doing. The U.S. Dollar has been on a tear for the last month or so. Just yesterday, the dollar tanked more than half a point but later in the day, jumped 1.5 points up to where it si...

My Thoughts on Current Markets-82

5 Feb 2024 2 minute read 0 comments Perfectionist25 $0.09

I stated last week that I would follow the 103 - 104 dollar range in the dollar index. It may even go up to $104.20. But after that it will make it down again. This thought is valid again for this week. The dollar index will attack above the 104 leve...

My Thoughts on Current Markets-81

4 Feb 2024 3 minute read 1 comment Perfectionist25 $0.26

The upward movement in Dow Jones continues. It continues its upward movement by receiving a reaction from the supports. Here, especially the 40000 levels are psychologically important levels ahead. We may see a correction in the short term, and in th...

My Thoughts on Current Markets-80

2 Feb 2024 2 minute read 0 comments Perfectionist25 $0.13

I thought that by drawing attention to the dollar index, we could target the $104 level. This thought still remains valid. This week, the US Central Bank, the FED, had an interest rate decision. In line with the expectations of the markets, interest...

My Thoughts on Current Markets-79

31 Jan 2024 2 minute read 0 comments Perfectionist25 $0.12

When I look at the weekly chart of ounce gold, it shifted towards 2021 gold last week. However, it was not permanent. As of yesterday, it has moved over to 2021 again. The 2021 - 2058 region is our cautiously optimistic region. So, position weights s...

My Thoughts on Current Markets-78

30 Jan 2024 5 minute read 0 comments Perfectionist25 $0.17

This week, we started a week with both tension and important data flows in the markets. It is a very important and critical week for money markets. Of course, when geopolitical risks continue to increase, they are inevitably reflected in the money ma...

My Thoughts on Current Markets-77

28 Jan 2024 2 minute read 0 comments Perfectionist25 $0.11

Let's start with Dow Jones, which has not been able to overcome for a long time and has thrown itself above the 38000 level. It also received support from Bollinger in the withdrawal. The track did not close below the deadline. Afterwards, it exceede...

My Thoughts on Current Markets-76

26 Jan 2024 3 minute read 0 comments Perfectionist25 $0.17

Euro - dollar parity is at 1.0870 level. I stated that the Central Bank of America will remain in the 1.08 - 1.09 band range until the FED's interest rate decision. The band gap I follow on this side still remains valid. We will be faced with a parit...