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My Thoughts on Current Markets-227

1 Jan 2025 6 minute read 0 comments Perfectionist25 $0.11

The ounce of gold started 2024 at around $2040. After exceeding $2040, which corresponds to the Fibonacci 78.6 of the $1810 decline, it went up to 2781-2790 with the phase I call the spoiled phase. This year, after a long break, because for years the...

My Thoughts on Current Markets-225

25 Dec 2024 7 minute read 1 comment Perfectionist25 $0.13

When looking at the daily gold ounce chart, there have been three peaks since November and each peak is below the previous one. It has been stuck in the 2570 -2721 range for 15 days. Falling peaks are a sign of weakness, a sign of pressure, but risin...

My Thoughts on Current Markets-217

5 Dec 2024 7 minute read 0 comments Perfectionist25 $0.04

If we look at the daily gold chart of the ounce, we see very clearly a descending peak and Fibonacci peaks here. There is a Fibonacci channel at 2790, it makes a peak here. It falls to 2530 - 2570, that is, to the 89-day moving average, then jumps to...

My Thoughts on Current Markets-216

27 Nov 2024 5 minute read 0 comments Perfectionist25 $0.13

When looking at the weekly chart in Bitcoin, for those who have a position in the 92600 - 104000 region, maybe continue, but for me, it is a spoiled region to make new costs. In other words, making costs in spoiled regions can be risky. Now, without...

My Thoughts on Current Markets-215

25 Nov 2024 4 minute read 0 comments Perfectionist25 $0.13

I normally expect a fast movement here in Nasdaq. However, both at the end of the year and with the new president, the system has now turned into a 3 forward 2 backward period. Deep declines are buy, fast increases are sell mode. Technically, 19500 i...

My Thoughts on Current Markets-214

20 Nov 2024 6 minute read 0 comments Perfectionist25 $0.13

There is quite a hold on Bitcoin. In other words, we see that there is a price above $ 89,000, and it seems like 100,000 is seriously knocking on the door. 100,000 continues to create a magnet from above. Here, a very strong upward movement came abov...

My Thoughts on Current Markets-210

6 Nov 2024 5 minute read 0 comments Perfectionist25 $0.15

When looking at the daily gold ounce chart, the uptrend continues. Below 2548, there is a very big medium and long-term support position for the ounce of gold. Gold, which remains above the 21-day moving average, will maintain its trend. If you look...

My Thoughts on Current Markets-209

4 Nov 2024 5 minute read 1 comment Perfectionist25 $0.10

Global markets are focused on the FED's interest rate decision and the US presidential election. All eyes in global markets are on the US Federal Reserve's (FED) interest rate decision to be announced this week and the US presidential election. The p...

My Thoughts on Current Markets-207

28 Oct 2024 6 minute read 0 comments Perfectionist25 $0.07

The ounce of gold has reached an all-time high, exceeding $2,750. Technically, we have entered important regions. Yes, gold indicators may seem very inflated, but when we consider past data, we may not have witnessed a real rise in gold. Frankly, min...

My Thoughts on Current Markets-206

23 Oct 2024 6 minute read 0 comments Perfectionist25 $0.10

When looking at the daily gold chart, the ounce continues to break records. There is a trend that sits above the $2700 level. If there is a trend, you make money wherever you buy gold. Right now, the uptrend continues. Now, let me do a technical anal...