Analysis of gold, Turkish lira, and Dow Jones with a bunch of currencies and commodities

Analysis of gold, Turkish lira, and Dow Jones with a bunch of currencies and commodities

It seems that the predicament of gold is growing little by little, and if the decline in its prices accelerates, strong selling orders from the big ones are triggered, and it does not seem so far that the predicament is over.


Gold and the Turkish lira are in trouble but there is (hope)

Unfortunately, the technically determined path for it on the four-hour frame is very bad, and the real dilemma for investors lies in making the decision to buy or not. In fact, we previously saw that the 1770-1740 areas are all buying areas, and we said that what could happen during the week in terms of movements might make taking that decision It is difficult, especially since we are in the job week and everything is possible. Perhaps the hope that we mentioned is real, and the moves that took place are nothing but the expulsion of the young and the entry of the adults, and this is what I suggest this week will be the end of gold’s decline, but I will leave you with a pause for technical analysis, which may clarify our point of view on The four hours, but we do not confirm that decline unless we see the closing of this week below 1757 levels.

And the destination we set in our previous article has been achieved, and now we just have to wait for the week to close.

This is the expected scenario
This is the expected scenario

To analyze the market in general, we leave you with the trading ideas and the chart to speak for itself:

AUD USD

USD JPY

EUR USD

Dow Jones Index

Bond yields for 10 years
Bond yields for 10 years
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d54cd5a386cddbc23018f98c8e818e64 Liberty Magazine
0478797f4665d69db91c71d9fc0ae67d Liberty Magazine
b0edc410a88607fb20da13c5493b8e95 Liberty Magazine

Dow Jones

29d86578ee56b7d104c24ff6a8f7ff7e Liberty Magazine

dollar

63716e441d57ee679d812fb37f1316cb Liberty Magazine

b216e2c4ee13cd9355cd5227cb85cf88 Liberty Magazine

Gold

281dd0d57752a7a7bb31fd23b8956fef Liberty Magazine

Petroleum
9c5a421c4cb2b23600d07e247d785c1f Liberty Magazine
3b368d656f1765a7a80d19ce90b9eafc Liberty Magazine
c42e7c4997533fa0e74de2e8ea8412a7 Liberty Magazine
0d387fa8570c8488ecfb39b9c5d2fbbb Liberty Magazine

This content is just the author’s opinions and analyzes and personal diligence and not direct recommendations. If we erred, forgive us. The final decision rests with the investor and the speculator in determining the direction and knowing the risks resulting from his trading, which may lead to a large or total loss in the capital.

Mahmoud edleby – Monday – 29/6/2021


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