7,300 TL Signal for Gram Gold: Critical Warning from Expert
Gold and Money Markets Expert Şirin Sarı predicts that if the $4,500-$4,600 resistance in ounce gold is broken, gram gold could reach the 7,200-7,300 TL band. It is stated that investors should focus on long-term trends rather than short-term fluctuations.
Gold and Money Markets Expert Şirin Sarı stated that if the $4,500-$4,600 resistance levels in ounce gold are tested, gram gold could rise to the 7,200-7,300 TL levels. The signal that prices will reach this level is closely monitored by investors.
Gold and Money Markets Expert Şirin Sarı shared the signal that gram gold could rise to the 7,200-7,300 TL level. While gold prices started the week with a horizontal course, market experts maintain their expectations of an increase for the last quarter of the year. Stating that they are closely monitoring the resistance levels of ounce gold in the $4,500-$4,600 band, Şirin Sarı projected that surpassing these levels could carry gram gold prices to the 7,200-7,300 TL band.
Oil prices, geopolitical developments in the Middle East, and the interest rate policies of the US Federal Reserve (Fed) play a decisive role in the markets' search for direction. Sarı emphasized that fluctuations in the markets may continue in the short term, but long-term investors should focus on the general trend rather than temporary price movements.
According to current market data, ounce gold is trading in the $4,150-$4,200 range. Gram gold is finding buyers at 6,663 TL, quarter gold at 10,680 TL, full gold at 42,536 TL, and Ata gold at 43,929 TL levels.
Sources
- cnnturk.com · Link