Data continues to come from the USA. After the ISM Service PMI and JOLTS data announced above expectations, the fact that the ADP Non-Farm Employment data remained below expectations and the FED minutes were at the expected intensity was welcomed positively by Ons Gold. On the other hand, it is seen that the Chinese Central Bank's demand for gold has been coming back for the last two months. Today, markets will be closed in the USA due to the National mourning day. This will affect volumes. Technically, $ 2670 can be monitored as a short-term resistance level for the precious metal, while $ 2650 can be targeted as a support level.
Resistances : 2670 / 2685 / 2690
Supports : 2650 / 2635 / 2620
Recoveries continue on the ounce silver side. After testing its 200-day average, the precious metal, which is priced upwards, is also on a buying course on the new trading day. For precious metal, employment data to be announced in the US this week may be a factor in pricing movements. Strong macroeconomic data increases recovery trends in precious metal. On the technical side, the 30.30 level, where the 50 and 100-day averages converge, is seen as resistance for the precious metal, while 29.90 can be followed as a support level.
Resistances: 30.30 / 30.60 / 31.00
Supports: 29.90 / 29.60 / 29.45
We have entered an important week for the pair. The increase in Eurozone inflation data in December may make the interest rate cut path difficult for the ECB. The stickiness of inflation is starting to be felt in Germany. On the other hand, it continues to come in the USA. Service PMI and JOLTS data showed the strength of labour markets. FOMC minutes and ADP are at the opposite point. On the other hand, technically, a sellers' course is observed below the 1.03 level in the morning hours. In downward movements, 1.0260 and 1.0225 can be monitored as support levels. In possible upward accelerations, 1.0320 and 1.0345 can be targeted as resistance levels.
Resistances: 1.0320 / 1.0345 / 1.0385
Supports: 1.0260 / 1.0225 / 1.0200
The volatile course seems to continue on the Nas100 side. 21560 and 21750 can be monitored as resistance levels in upward movements in the index contract, which retreated slightly after the peak level seen on 17 December and showed pricing movement at levels close to the 50-day exponential average. In retracement movements, 21285 and 21150 can be monitored as support levels.
Resistances : 21560 / 21750 / 21900
Supports : 21150 / 20985 / 20820
UKOIL continues to retreat. Technically speaking, UKOIL, which tried to maintain above the $ 77.40 level, which we follow as an important threshold, with the positive acceleration it experienced last week, was subjected to selling pressure and retreated to its 10-day exponential moving average. In downward movements in UKOIL, 75.70 and 75.15 can be followed as support levels. In possible upward movements, 76.55 and 77.00 can be followed as resistance levels.
Resistances : 76.55 / 77.00 / 77.40
Supports : 75.70 / 75.15 / 74.80
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