US Markets Retreat Hard!

XAUUSD - Gold Technical Analysis

In parallel with the sharp declines in the US markets yesterday, Ons Gold, which was priced at levels close to its historical peak, was exposed to selling pressure on the first trading day of the new week. While there is no intense data flow on the precious metal side this week, FED and ECB interest rate decisions stand out as the data to be followed. Technically, if the retreat experienced in the morning hours continues, 2735 and 2715 can be monitored as support levels for Ons Gold. In upward movements, 2770 and 2785 can be followed as resistance levels.

Resistances : 2770 / 2785 / 2800
Supports : 2735 / 2715 / 2700
 

XAGUSD Technical Analysis

Similar to ounce gold, pricing movements are seen below the 50 and 100-day exponential averages in silver, which retreated in the morning hours. If the retracements continue on the precious metal side, 29.85 and 29.60 can be monitored as support levels. In possible recovery movements, 30.60 and 30.95 can be followed as resistance levels.

Resistances: 30.60 / 30.95 / 31.15
Supports: 29.85 / 29.60 / 29.40
 

EUR/USD Technical Analysis

PMI data released on Friday showed some recovery in Europe. This week, in the expected interest rate decisions, the FED is expected to pass and the ECB is expected to cut by 25 basis points. Despite the moderate Trump and the retreat in the dollar index, the pair completed last week with a value gain. On the second trading day of the new week, sharp retreats are observed. Trump's attitude towards Colombia may have signaled, even if it is not decisive for the markets. While 1.0410 can be seen as the support level for the pair, 1.0495 can be followed as the resistance level.

Resistances : 1.0490 / 1.0515 / 1.0540
Supports : 1.0410 / 1.0370 / 1.0335
 

NAS100 Technical Analysis

Yesterday, the March 2025 futures index contract retreated sharply due to the impact of the Chinese artificial intelligence named DeepSeek. It is thought that there is about 1 trillion dollars of money outflow from the markets. The contract, which retreated to $ 20765 as a result of the withdrawals and closed the day at $ 21257, shows recovery movements in the morning hours today. If the recovery movements continue in the contract, 21550 and 21750 can be monitored as resistance levels. If the retracements continue, 20100 dollars can be followed as an important support.

Resistors : 21550 / 21750 / 21910
Supports : 20995 / 20770 / 20500
 

Technical Analysis of UKOIL

UKOIL, which could not carry the recovery movement it showed on Friday to the first trading day of the new week after consecutive retreats, continues to remain positive in the morning hours today despite Trump's sanctions against Colombia, which includes economic and trade risks. If the recovery movements in oil continue, 77.90 and 78.40 can be monitored as resistance levels. In possible pullbacks, 76.90 and 76.30 can be followed as support levels.

Resistances : 77.90 / 78.40 / 78.85
Supports : 76.90 / 76.30 / 75.90