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My Thoughts on Current Markets-112

24 Apr 2024 10 minute read 0 comments Perfectionist25 $0.13

Nasdaq made 3 peaks in March and April. The first is 18416, the second is 18464, which is the historical peak, and the third is 18337. A horizontal area similar to the head-and-shoulders formation was formed between these dates. After April 12, it br...

My Thoughts on Current Markets-111

21 Apr 2024 6 minute read 0 comments Perfectionist25 $0.29

On the Dow Jones side, last week, I particularly drew attention to the 37500 - 38000 range. Even though we did not make a sharp downward correction on the way up, the place where we corrected at least a little bit was the 37500 - 38000 range, which w...

My Thoughts on Current Markets-109

14 Apr 2024 5 minute read 0 comments Perfectionist25 $0.12

There were hot developments. We can say that Iran attacked Israel. But when you look at it in general terms, it is a situation that does not go beyond collusion. Frankly, it is not expected to affect the markets much in this situation unless there ar...

Morning JAVA: Gold Hits Record $2,400 / Silver At $29!

12 Apr 2024 3 minute read 0 comments SweptOverNiagara $0.10

Boy, I'm almost afraid to blink because if I do, I'll miss seeing gold hit yet another record intraday high. As I write, gold is skirting the $2,400 mark. Just in the last 2 months or so, gold has shot up about $400 per ounce and it certainly appear...

My Thoughts on Current Markets-107

9 Apr 2024 7 minute read 0 comments Perfectionist25 $0.13

Bitcoin is experiencing active days again. We see bitcoin coming back to the old peak. Of course, they are pushing Ethereum up in the same way. But it hasn't reached the new peak yet. Bitcoin couldn't reach the new peak either, but it's hovering arou...

My Thoughts on Current Markets-106

8 Apr 2024 2 minute read 0 comments Perfectionist25 $0.17

Euro - dollar parity is at 1.0833 level. Here I will be following the 1.0750 - 1.0850 band range for this week. On Thursday this week, the European euro zone will decide on the euro interest rate. Whether or not there will be an interest rate cut her...

Gold Closes Quarter, Month, Week, Day At Record High

31 Mar 2024 3 minute read 0 comments SweptOverNiagara $0.26

Gold's Record Quarter! Since March 1, gold has smashed through no less than 18 records including intraday, daily, weekly and monthly close. With Thursday's record close above $2,233 before the markets closed for the Easter holiday, gold breached no...

My Thoughts on Current Markets-104

26 Mar 2024 4 minute read 0 comments Perfectionist25 $0.08

Let's start with the ounce gold analysis. A horizontal image is still preserved. On the daily ounce chart, the gold rate of the 2146 - 1973 decline is 2254. Therefore, I am not writing it anymore because 2194 dollars, which is Fibonacci 1.272 of the...

My Thoughts on Current Markets-103

25 Mar 2024 1 minute read 0 comments Perfectionist25 $0.10

Euro - dollar parity started the week at 1.0838. Maybe a 1 point drop may be possible this week. So this week, I will follow the 1.0750 level in the euro - dollar parity as a support level. The ounce price of gold is at 2176 dollars. He got it togeth...

My Thoughts on Current Markets-102

24 Mar 2024 4 minute read 0 comments Perfectionist25 $0.11

There was a correction on the Dow Jones side on friday. We were pricing above 40000, but we closed below 40000. Here, I can say that the point where both trackers and bollingers have reached is approximately 39500. As long as it stays above 39500, th...