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 the 55-day moving average zone here. It also coincides with trend support. It maintains the trend in the 2300 - 2427 band. However, we are watching the 2300 number carefully. This figure has both a 55-day moving average and a trend support zone. At the same time, there is also a Fibonacci ascending channel support zone passing through here. Therefore, having ounces above 2300 is relatively positive but not strong. So there is a weakening. When we pay attention to the lower indicator, the momentum we want is not there. Despite everything, being above 2300 dollars will have a potential for gold to be above 2300 dollars and towards 2390 - 2427 per ounce. However, what I am making in a very strong tone here is the discipline; The 2300 - 2427 band is important as an OK or continue decision zone.

Below 2300, there is a risk of a deepening correction that could reach 2215 - 2190. So maybe this movement will no longer be a cup-handle-like movement. If 2300 is broken, they break the handle of the cup and glue the reverse pennant. As a result, staying above 2300 dollars could potentially keep the upward targets of 2390 - 2427 per ounce of gold on the table. It may be useful to be controlled and a little more cautious below 2300. Because then there may be a risk that the correction in the ounce of gold will deepen towards 2215. I will continue to attach importance to exceeding 2427 for a permanent and enthusiastic pricing per ounce of gold and a trading discipline that will truly produce performance for investors. Above 2427, gold gains momentum towards 2560 - 2600 per ounce. In this sense, 2300 should be followed as a tracer, especially for those who follow upward moving transactions, and 2427 is the resistance for momentum to come.

In Bitcoin, Fibonacci 78.6 has been in trouble for Bitcoin for 2 weeks. Fibonacci 78.6 of the 74000 peak and 56000 decline passes exactly around 70000. So pay attention to all the 15-day Bitcoin bars between 70090 and Fibonacci 61.8 versus 67100, they are beaded between 61.8 and 78.6. Do you know what this means? The decision is coming, either the dialing of 63000 - 59700 is coming or the energy is accumulating to spoil towards 78000. Here if management let's say 67000 is short term and 63700 is medium term. The discipline of controlled upward reading here above 67000 will not be disrupted. If 70090 is passed, monetization will begin. Because from that squeeze here, an upward trigger will begin, a strengthening will begin. Also, the falling trend will be passed and 78.6 will be passed and we follow 67000 as a tracer and 70090 as a trigger.

In other words, triggering the acceleration, which we call momentum, causes upward acceleration above 70090 towards 73000 - 78000, thus exploding bitcoin energy upwards. It is useful to be a little cautious below 67000. Because then the story goes towards the 63700s. In this sense, they have squeezed the price in the Fibonacci support zone here for 15 days, and volatility has decreased significantly. There may be a correction below 67000 towards 63000 - 59000. As long as it remains above 67000, targets 70090 - 73400 will remain on the radar in a controlled manner. Here, for example, if you ask me whether I would go into the current price, I would not go into 67000 - 70090. If 70090 is passed, I will come to the upside game with the target of 78000. Even though the discipline to go up will not be broken unless 70000 is exceeded and 67000 - 63700 are broken, I will be controlled. Unless 59700 is broken, the trend from 13000 is not open to question for me. This 59700 144-day moving average is the golden number. Therefore, we can read it as 67000 intermediate and 63700 as main support.

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