GOLD
Last week, I stated that gold would be rejected from resistance and fall to $2020 support. The analysis worked. Currently $1980 is seen as support. Breaking this support will bring support at $1940. If you, like me, left your short-term assets at $2080, you can start collecting the supports respectively. It is bought at support and sold at resistance.
NATURAL GAS
Natural gas has fallen to the level of support I expressed last week. I have stated that this support is a purchasing area and I repeat this again. $2.50 is a valuable level and I think it is a cheap level for natural gas. You can add to your long-term investments.
OIL
Unfortunately, my expectations for oil last week did not come true and oil fell to an extraordinary level of $74. The current support level for me is $72. I am considering buying oil at these levels, as it may drop to this level.
DXY
The dollar index settled at 103,500 support again. A few weeks ago, I thought these levels were now balance levels for the dollar index. It will be especially comforting for the markets if it circulates between 102,500 - 104,500. However, rising above 104,500 will tighten the markets again. Therefore, it is very good to be balanced here.
BIST100
The support level that I see as important in BIST is 7860 liras. Falling below this level will pull the index down to 7554 support. But from here the return index will increase strongly. If there is a withdrawal to 7554, I believe this is a buying opportunity. In inflationary countries, it is unlikely that the stock market will decline.
BITCOIN
Didn't I predict that Bitcoin would rise this much this week? I was. So why didn't I become a buyer? Because it does not suit my strategy and is not healthy. Bitcoin dropped to $19,000 and I shouted that I had started collecting. Then I shouted again that I was buying it at $17,000 and said it wouldn't drop any further than that. After Bitcoin rose to 30,000, it fell to 25,000 again and I shouted, "I'm buying it." Therefore, I only buy during corrections, that is, declines. Right now, I'm waiting for a correction up to at least $34,000 and only then will I buy. Also, this week I will share with you the disciplined buy-sell strategy that I created myself, coded the software myself, and that I always express. If you follow it, you will not get caught up in FOMO in this market and you will be the hunter, not the hunted.
