Ounce Gold Continues to Rise

XAUUSD - Gold Technical Analysis

After the US inflation data announced last week, Ons Gold, which gained value on a weekly basis after the US inflation data announced last week, is expected to cut interest rates by 50 basis points until the end of the year. The continuation of geopolitical developments can be considered as a factor that increases demand on the precious metal side. Although there is no major data in the US this week, volatile movements may occur in the precious metal, which is priced at levels close to its historical peak. If the upward movements continue in the precious metal, which follows a buying trend in the morning hours today, 2675 and 2700 can be followed as resistance levels.  In possible withdrawals, 2645 and 2630 can be followed as support levels.
 
Resistances : 2675 / 2700 / 2715
Supports : 2645 / 2630 / 2600
  

XAGUSD Technical Analysis

Similar to Ons Gold, Ons Silver, which started to be priced in the positive pricing zone after the US inflation data, completed last week with negative returns. 31.75 and 32.00 dollars, which we follow as a critical level for the precious metal, which can carry the appreciation it experienced yesterday to the morning hours today, can be followed as resistance levels. In possible withdrawals, 31.50 and 31.15 can be followed as support levels.

Resistances : 31.75 / 32.00 / 32.10
Supports : 31.50 / 31.15 / 31.00
 

EUR/USD Technical Analysis

On the third trading day of the week, a horizontal course is observed in the EUR/USD parity. In the ECB interest rate decision to be announced tomorrow, expectations for a 25 basis points rate cut are priced in. In the US, the announcement of macro data above expectations generally led to a gain in strength on the dollar side. In case of possible recovery trends in the pair, 1.0906 and 1.0930 can be targeted as resistance levels. In retreats, 1.0870 and 1.0860 can be monitored as support levels.
 
Resistances : 1.0906 / 1.0930 / 1.0950
Supports : 1.0870 / 1.0860 / 1.0850
 

NAS100 Technical Analysis

The 2024 December futures index contract has a positive trend in the new week. In the index contract, which was subjected to selling pressure yesterday after the rise on Monday, volatility is expected to increase with the balance sheet period. If the upward movements in the contract continue, it is thought that the old historical peaks will be forced. In the short term, 20420 and 20790 can be monitored as resistance levels. In retreats, 20230 and 20000 can be monitored as support levels.
 
Resistances : 20420 / 20790 / 20900
Supports : 20230 / 20000 / 19890
 

UKOIL Technical Analysis

UKOIL, which has been rising for a while with the impact of developments in the Middle East, continues to decline as geopolitical developments in the region have left supply concerns behind. After the sharp retreat yesterday, UKOIL, which was subjected to selling pressure in the morning hours today, can be monitored as 73.70 and 73.10 support levels if downward movements continue. In case of possible recovery, 75.00 and 75.40 can be followed as resistance levels.
 
Resistances : 75.00 / 75.40 / 75.75
Supports : 73.70 / 73.10 / 72.75