The Course of Geopolitical Developments Will Give Direction to Gold

XAUUSD - Gold Technical Analysis

The PCE data to be announced on Friday in Ons Gold, which started to follow a horizontal course after seeing its historical peak of 2222, may create mobility in terms of pricing movements. Geopolitical turmoil from the North may also increase demand for safe harbour. Technically, if the downward movements continue in Ons Gold, which follows a selling course in the morning hours, can be followed as support levels of $ 2163 and $ 2157. In possible upward movements, $ 2182 and $ 2187 can be followed as resistance levels in the short term.

Resistances: 2182 / 2187 / 2196
Supports: 2163 / 2157 / 2146
 

XAGUSD Technical Analysis

Ons Silver, which could not exceed the 26.75 level last week, started the week with a negative outlook. In the morning hours of Tuesday, the 24.50 level can be followed as a support point in case of continuation of possible downward movements in the precious metal traded in the 24.60 region. In upward movements, exceeding the 24.90 level may support upward momentum in the short term.

Resistances: 24,90 / 25,50 / 26,75
Supports: 24,50 / 24,00 / 22,90
 

EUR/USD Technical Analysis

With pressure from 1.0950 level, EURUSD, which is below the averages by leaving the rising channel, may decline towards 1.0840, 1.0825 and 1.0810 levels if it remains below the averages and continues its downward momentum. Otherwise, if positive acceleration occurs again, there may be movement towards the 1.0860 level first, and if it passes above it, there may be movement towards 1.0875 and 1.0900 levels.

Resistances: 1.0860 / 1.0875 / 1.0900
Supports: 1.0840 / 1.0825 / 1.0810
 

NAS100 Technical Analysis

As of the previous close, the contract, which is above the 18530 level and maintains its main trend within the rising channel, may move towards 18750, 19150 and 19500 levels if the upward movement continues. Otherwise, it may retreat towards 18530, 18150 and 17820 levels in possible withdrawals that may occur in the contract.

Resistances: 18750 / 19150 / 19500
Supports: 18530 / 18150 / 17820
 

UKOIL Technical Analysis

If the upward movements in UKOIL, which followed a buying course in the morning hours after yesterday's rise, continue, 87.15 and 87.70 can be followed as resistance levels. In possible withdrawals, 86.45 and 86.15 can be followed as support levels.

Resistances: 87.15 / 87.70 / 88.00
Supports: 86.45 / 86.15 / 85.60
 

Wheat Technical Analysis

The upward momentum continues in wheat, which received a reaction in the 526 region. In case of possible upward movements in the commodity, which is priced in the 555 region in the morning hours of Tuesday, the 570 level can be followed as a resistance point. In downward movements, the 547 level can be followed as a support point.

Resistances: 570,00 / 577,00 / 584,00
Supports: 547,00 / 540,00 / 526,00