Despite the attempts, gold closed above the level we determined as 2470 for the first time after a long time. This level is important, if the persistence above 2470 increases, we can think and say that the movement towards 2530, which is the peak of Bollinger, will continue. If it returns and starts to close below 2470, it will have returned to the saw movement in the 2370 - 2470 region. Let me state this as well.
There was a rapid reaction after the dot touched the bottom point of Bollinger in Brent. As long as we do not get a clear closing above the 80 - 82 band, the incoming upward movements will turn into sales. I can say that our main resistance region is the 80 - 85 region, all averages are concentrated in this region. If we exceed this region, we can also see a rapid movement towards the 90 - 92 band. Let's pay special attention to this. If we break the 78s again below, we can revisit the 76 - 74 band on the oil side.
Dow Jones has reached one of the border levels in particular. If there are closings above 40800, we are likely to see movement towards 42000s here, with the intermediate resistance level being 41100-41200. Here too, after touching the Bollinger peak, we saw sales, and we came down considerably. However, after this decline that we call Black Monday, we have also significantly exceeded it by around 2%-3% with the rapid recovery. If we pass this level, I will say that the upward movement in Dow Jones will continue at 40800s. If it cannot pass, I will be talking about a return to the 39841 band below.
Similarly, DAX also went well above Black Monday. It was at 17800s that day and the point it reached was 17000s. Afterwards, we came up to 18400s. Here, especially the 18600-18800 band is a very important resistance zone. If this region can be overcome, we will now chase new peaks on the DAX side. But if the region I mentioned cannot be overcome, especially the 18200 support will be followed below. In a possible break, a pullback to the 18000 support can be expected here as well.
Bitcoin has seen particularly sharp movements. The negative situation here is that both the top correction came here and it bottomed. It made a new peak but it made a new bottom under the old peak. It made an upward movement under this bottom. It could not make a new peak, these peaks are gradually coming down under the old peak. The bottoms are also coming down accordingly. This is a dangerous situation, a negative situation, when we start to get closings above the last peak, the movement here turns positive. But as long as we cannot achieve this, we can see some more pressure movements, the selling pressure continuing in Bitcoin. Although it is reacting these days. Especially in the short term, if closings above 60000 can start to come, we are likely to see a movement towards the 62000 - 64000 band again. But for now, it is also possible to say that there is a weak movement on the Bitcoin side.
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