Let's start with Dow Jones. On the Dow Jones side, we were saying that we could expect a retreat to the lower band of Bollinger, which we specifically mentioned in the previous weeks, and this is what we see. 32200's are very important levels for us. Unless there is a close below these levels, it may be open to reaction. But if 32200 is broken, there is a possibility that the movement will accelerate after 31800 and up to 29,600. Why 29,600, especially the peak we saw at the beginning of the pandemic is 29,600. Therefore, a possible breakout could open a 10% margin down here. In other words, you can read the chart as saying that a possible break in the range of 31800 - 32200 could create another 10% downward margin in Dow Jones. As long as there is balancing in this region, it will be open to reactions as long as there is balancing in the range of 31800 - 32200. We may see reactions up to 33300, but the main value we need to close in order to say we are clearly saved is above the 33900 - 34200 range. You can read the Dow Jones chart as saying that if future reactions cannot stay above these levels, selling pressure will be felt again.
Let's look at Germany, the situation is similar here. Unless we see closes above the middle band, downward pressure will continue. Here we will wait for the approximate bollinger band. We were saying that we would wait for 14000, but this is slowly coming true. 14500 - 14600 are important. If there is a balancing on the hills, we are likely to see a reaction towards 15000 - 15200 from here again. But the clear place where we will look for closure will be the 15500s, that is, above the Bollinger middle band. If we cannot get such closure in future reactions, the downward pressure will continue here too. Especially if 14600 is broken, there is a possibility that the movement will continue up to 14000, and then, with the break of Bollinger, up to 13800 - 13500. Here, since the peak levels we saw at the beginning of the pandemic were again around 13500, you can consider these levels as important points if there is a break in the Bollinger lower band.
Brent reached the 92's. There is a correction again in 92. 86 specifically works here. As long as the 86's work, there's no problem. He can gather strength and try upwards. But in order for it to move up again, the price must be around 89.2. Let's pay special attention to it next week. If daily closings start above 89.2, we may see movement towards the 92 - 96 band on the oil side and the Brent oil side. But if it cannot achieve this, the price may want to break the 86 dollar level again, and in such a case, we will be likely to see Brent oil retreat towards the 82 - 83 dollar band.
On the ounce gold side, the sharp upward trend continues due to the war. We can talk about small rests. In fact, I mentioned last week that if the balancing could be above the 1950s, there would be a high probability that we would test the 2000 dollars again and again, and we saw this as well. It closed above $2000. Stays above $2000 could take us towards $2040 - 2050. Afterwards, the old peak of 2070 dollars becomes the target. The point that should be taken into consideration here is that a possible ceasefire situation could cause a serious withdrawal here. Therefore, investors who act at these prices should at least set a stop loss point. Since there is a war-related rise, it may be reflected in the prices as a sharp correction in the event of a possible agreement. It is necessary to be careful in this respect. Below, especially 1975 - 1950 are still important support points. There are 1935 and 1914 numbers underneath, which coincides with the Bollinger middle band in 1914. I can state that this level will be followed as the main support point, especially in the medium term.
Silver has a slightly weaker trend than Gold. It is especially important to pay attention to this here. We cannot get closures above the middle band on Bollinger between 22 - 23.2. It may get a little stronger after this. 23.7's are one of our main resistance points in the first stage. If it opens at this level, I can talk about the possibility of moving up to 24.5. But if the reactions do not cause a closing above the Bollinger middle band, I can state that there is a possibility of testing 21.7 levels again with the break of 22.2 levels below, on the silver side.
This is especially important to pay attention to in Bitcoin. We reacted strongly upwards with positive news. We came to Bollinger and the movement got stuck here. Afterwards, it remained horizontal for a while. He came down hard to where the movement started. Here the movement became a little harder and stronger above the 29500s. We saw the harsh movement, 34500's, 35000's are important levels and again the Bollinger upper point. If we can get closes on Bollinger, okay, very nice, we will be able to see that the movement towards the 36000 - 39000 resistances continues sharply. But if we cannot get closes above Bollinger, that is, if we cannot get closes above 34500 - 35000, we can say that there is a high probability of a withdrawal here. This may occur towards 32500 - 31600 levels in the first stage. I have to point out that it is important to pay attention to this, especially if Bollinger cannot be overcome here.
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