Entry Date: 3.10.2021 20:42 Last Update: 3.10.2021 20:42
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made evaluations on gold prices . Explaining that the short-term outlook is negative on the ounce gold side, Memiş said, “We need to see a close above the $1791 level for ounce gold to continue the upward trend.” Later, Islam Memiş made striking statements by listing his expectations for gram gold prices.
“INCREASE RISKS IN THE WORLD CAN BE DEFINITIVE FOR ONS GOLD PRICES”
Islam Memiş stated that the level of 1850 above and below 1650 dollars stood out on the ounce gold side and that the investors were divided into two. “There is no direction break. It is right in the middle. New new problems are emerging in the world markets. The energy crisis is threatening the whole world, especially at the moment. There is an energy crisis in Asia, which is leading to the closing of the conditions in China. A harsh winter is expected,” he said. spoke.
3 FEATURED DEVELOPMENTS FOR GOLD PRICES
Pointing out that there is already a world economy that has problems with inflation, the expert said, “Inflation is serious in all developed and developing countries. The contrast is this. While the problems continue to increase, gold prices continue to be under pressure with the process only related to the dollar index, the US 10-years and asset purchases,” he said.
“THE 1650 DOLLARS LEVEL CAN BE TESTED BY ONS GOLD”
Islam Memiş, who stated that the pressure for gold prices increased, but the weight of the problems was more, said, “Yes, gold is gold. Prices continue to be under pressure and the level of 1650 dollars on the ounce side can be tested. However, I would like to point out that it is necessary to pay attention to the figures below the 1721 dollar level.”
“WIND MAY REVERSE FOR GOLD PRICES”
Stating that the increase in problems in the world with the suppression of gold prices corresponds to the same period, İslam Memiş said, “The problems continue to increase. “As the gold price increases, the wind may reverse on the gold side. This increases the expectation that the decreases will not be permanent for the gold investor.”
GOLD INVESTOR ATTENTION! ‘WE ARE GOING THROUGH CRITICAL PROCESS’
For ounce gold to continue rising Stating that a closure should be seen above the 1791 dollar level, İslam Memiş said, “To sum up, the short-term outlook for ounce gold prices is negative. However, the problems continue to increase in the world. The problems seriously threaten the global economy. It should be noted that we are going through a process that needs attention for the ounce investor. I would like to” he said.
Gold and Money Markets Specialist İslam Memiş A Para made critical assessments on gram gold prices after ounce gold and listed his expectations.
“I THINK THE DREAMS WILL NOT BE PERMANENT FOR GRAM GOLD “
Islam Memiş, who stated that gram gold is more lucky than ounce, “Gold gold prices started from 450 liras to 2021. We have a resistance level for gram gold prices around 500-502 liras. I do not anticipate that the decreases will be permanent for gram gold prices,” he said.
GOLD PRICES WILL RISE? ISLAM MEMIS: GOLD INVESTORS SHOULD NOT HAST SALE
Gram gold investor’s Stating that he should not rush to sell or for a new position, İslam Memiş said, “Although a short-term downtrend is expected on the ounce side, there may be upward movements due to the risk pricing. Therefore, the probability of a rise for gram gold prices increases a little more. We are following the 506 lira level for gram gold”.
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FROM ISLAM MEMIS 2021 GOLD FORECAST: WE MAY SEE NEW PEAKS BEFORE THE YEAR IS END
Ounces on the gram gold side Stating that there will be a medium and long-term buying opportunity if the sourced sagging of 490 liras is seen, the expert name said, “I see the possibility of seeing new peaks for gram gold prices until the end of the year. Especially after the 506 lira level is broken upwards, we can see a rapid rise to 520 lira.” .
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