According to the daily chart of Bitcoin, there was a correction from 70800 to 53000. Then, after coming to the 233-day moving average with Trump and making a bottom for 6-7 days at the 223-day moving average, it came very strongly to the Fibonacci 78.6 of its entire decline. It ended the trend here without closing more than twice above Fibonacci 78.6 and put itself into a relative correction. While doing this, it did not fully touch the intermediate fall that it had touched 4 times before, but we came to that area and received pressure from that area. As a result, when we look at it, the movement from approximately 58000 - 59000 to 68000 is generally in a reaction process within the narrowing triangle. Now, here, the new high is coming in Bitcoin and if it passes the 70800 - 68150 resistance area with a strong momentum, we call it a new beginning, the movement turns into a trend. The downtrend is already over. Both the horizontality and the relative downtrend here end. It goes up slightly, then comes back, gets approval and then enters a new path towards 83000. Therefore, the pricing below 68150 seems to be a relative support area of ​​65045 - 62500.

Bitcoin may continue to go back and forth between 70800 and 62500 for a while. It seems like it will work this area a bit. How can we discipline this place in terms of trading? Here's what we'll do; for example, if I personally see a closing above 70800 in this chart, I'll start a long trade with a target of 77100 or maybe even 83500. Until 70800 is passed, it would be correct to read the 70800 to 62500 band of this triangle as a zigzag, saw and trade band. Above 70500, I'll read this chart as a safe long trade to 77100. There is both a 233-day moving average at 58400 and an uptrend. Therefore, as I reach 58400, I put a stop somewhere reasonable below 58400 and read the decline in terms of opportunity cost. If it goes up without falling there, I put a stop somewhere below 70800, around 69500 ​​- 68800, and play 77000 when it closes above 70800. For example, if Biden had been the candidate or continued his candidacy, Trump would have won with a swing. Now, Harris is a tough opponent for Trump compared to Biden. Trump is still ahead by a very small margin, but the gap has closed. Of course, we will follow the upcoming process here. Therefore, I am not at the point where Trump will win with a swing, for example, compared to Biden. But I personally expect Trump to finish ahead again.

As a result, the price will definitely want to feed itself from somewhere. What the investor will do here is this; the price can go up or down, it will definitely go. The important thing is to label the market within discipline and frameworks. Technical analysis shows us that the 233-day moving average has worked here and points to 58400. If you are optimistic, you can read 58400 as a stop zone. You can also remain relatively optimistic as long as it is not broken, this is a perspective. But technical says that if these areas are broken, the situation changes. This business does not listen to Trump.

When you look at the weekly chart in silver, there is a very clear volatility and it seems to be under pressure recently. In the previous declines of 28 - 17, we always received pressure in the Fibonacci 78.6 regions. We were always stuck in a triangle. In other words, we were stuck in the $26.5 and $24 band. Then the downtrend was passed, it turned and approval was received. We came to Fibonacci 1.272. I had explained that 31.66 is an important resistance and that it can turn into a complex pullback structure without passing this region. If the complex pullback rises and then touches the downtrend again and goes up, the number one decline is a pullback. When a pullback occurs again, it becomes complex for these. We don't know right now whether this is going to be a complex. But the probability of a complex pullback is a bit ahead on this chart right now. But let's not just watch the decline.

Because this decline is also an opportunity in itself. I'm opening a small parenthesis here at 26.28 - 25.10 and putting 24.40 as a small maximum deviation note. Maximum deviation means the amount the decline can stretch below. I expect silver to work in a complex pullback structure in the 26.28 - 25.10 region. Therefore, 26.28 and the 25.10 - 24.40 region are gradual buying zones for me. If silver is pressured at 26.28 - 25.10, we can see a needle-tip wick towards 24.40, the figures we will follow as support below. Therefore, these figures will be read as a gradual opportunity pricing zone for me. Even if it falls to these regions, 31.60 will be the target again in the short term. The medium term will maintain the potential target dynamics of 35.40. I am not saying that these figures will not go down, but I am reading the decline with a gradual opportunity zone mentality. After falling towards these areas, I think that they will maintain their target potential within a time cost and carrying cost. However, in that discipline, the time frame for reaching those targets below 24.40 takes much longer than expected and we return to interpreting it as a short trading risk being triggered.

If you look at the daily gold chart, it tried to stay above 2427 a lot but failed. Now it is returning to its 55 and 89-day moving averages. If you look at the history of the chart, it had made the 55 and 89-day moving averages the base several times. Now we are approaching 55 and 89 again, that is 2360 - 2340. Now we will be careful here as we are coming towards this area again. There is a possibility that this place will make a new base, a new bottom. Right now, like the previous ones, this is also a possibility, you cannot say for sure. But we can say that there may be declines below these levels, but they will not be permanent. It is important to manage those short-term oscillations there correctly. For example, you are carrying a very serious long position, if this place is broken with a serious leverage, it will fall 20 - 30 dollars more. You are covered in the position but it turns around and goes up two days later. In order to manage such declines with the right discipline, we should also add risk management to technical analysis so that the positions do not explode. Here, 2360 - 2340 is the short term, 2308 is a bit more medium term approval zone. If we are looking for a pullback, if you ask what do you think the probability of this going down to 2308 is, for example, let me explain it in percentage terms, I see 20% - 30%, I am not saying 70% or 80%. After a balancing above 55 and 89, that is, after the ounce settles above the 2360 - 2340 region, maybe after a while, it may not be right away, we can see a reaction attack start towards 2417 - 2436. Therefore, this graph does not have such a big potential for me for the short term unless it passes 2436.

But this graph tells me something else. The probability of a pullback towards 2360 - 2300 will never disrupt the 2600 potential target on the big radar. Gold got a little tired. In the meantime, a statement came from the gold council. Central banks continue to hoard gold again. There is also an increase on the supply side. Central banks continue to collect gold in full mode in terms of stock, as they have for the last 7-8 years. Therefore, investors should not forget this. I am not just saying this for gold, I am saying it in general, commodities or investment instruments that are expected to make a big rise with very high expectations are collected by applying horizontal downward pressure for a very long time, they are not collected by being taken up. When it starts to go up, the collection ends there and the distribution begins.

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