New Historic High in Ounce Gold!
XAUUSD - Gold Technical Analysis
The strong macroeconomic data coming from the US side and the retreat in the possibility of recession, combined with the FED's increasing the possibility of an interest rate cut for September every day, the persistence above the $ 2500 threshold on the Ons Gold side took place yesterday with a new historical peak. The buying trend in the morning hours continues in the precious metal, which closed the day at $ 2513 after throwing a needle at $ 2531 yesterday. If upward movements continue, $ 2525 and $ 2540 levels can be targeted as resistance zones. In possible retreats, 2500 and 2490 can be monitored as support levels.
Resistances: 2525 / 2540 / 2550
Supports: 2500 / 2490 / 2475
XAGUSD Technical Analysis
Ons Silver, which completed last week with a gain in value with the effects of macroeconomic data from the USA, seems to have set its sights on $ 30 levels with the FED's interest rate cut signals becoming increasingly clear. The precious metal, which continued its upward movements throughout the week in parallel with Ons Gold, closed the day at the level of $ 29.40 yesterday, after throwing a needle at $ 29.95 yesterday. Today, 29.80 and 29.95 can be followed as resistance levels in Ons Silver, which continues its buying trend in the morning hours. In retreats, 29.30 and 29.15 can be followed as support levels.
Resistances: 29.80 / 29.95 / 30.10
Supports: 29.30 / 29.15 / 29.00
EUR/USD Technical Analysis
After the rise in the EUR / USD parity for the last 3 days, it is seen that reaction sales occurred in the short term today. If downward movements continue in the pair, which follows a negative course in the morning hours, 1.1100 and 1.1084 can be followed as important support levels. In case of recovery trends, 1.1132 and 1.1150 can be followed as important resistance levels.
Resistances: 1.1132 / 1.1150 / 1.1170
Supports: 1.1100 / 1.1084 / 1.1070
NAS100 Technical Analysis
Although there is a retreat in the VIX index in the short term, a positive course is observed in the morning hours in the 2024 September futures index contract. If upward movements continue during the day, 19930 and 20000 can be followed as important resistance levels. If the 20000 level is crossed upwards, 20090 can be targeted as another important resistance level. In downward movements, 19750 and 19620 can be monitored as important support levels.
Resistances: 19930 / 20000 / 20090
Supports: 19750 / 19620 / 19500
UKOIL Technical Analysis
UKOIL prices continue to decline amid rising US crude oil inventories and signs of weakening ceasefire prospects in the Middle East. On top of this, China's weak economic data is observed to overshadow OPEC+'s supply cuts. In technical terms, UKOIL, which has been closing negatively for the last 3 days, is seen to have a negative course in the morning hours today. If downward movements continue, 76.50 and 76.00 can be followed as important support levels. In upward movements, 77.50 and 77.90 can be followed as important resistance levels.
Resistances: 77.50 / 77.90 / 78.40
Supports: 76.50 / 76.00 / 75.60
