Technical analysis by srtaybillioglu about Symbol PAXG on 10/19/2023

Factors affecting gold pricing: FED decisions, bond markets, supply-demand status, supply factors, ETFs, QE and QT, global risks, Central Bank movements, are directly effective in gold pricing. Did you notice? We have heard the factors mentioned above for the last three years. Market commentators made these sentences very much in their mouths. Have you ever noticed! I hope I have been able to awaken some facts in your mind. Be sure to watch this video of Erkan Öz's "youtube.com/watch?v=wcokpaunaj4" about the subject. It will be very useful to you. Although it varies according to the Fed and US10Y movement, it is seen that it may end in the $ 2000-$ 2050 resistance with the acceptance that global risks will shortly. However, if the Fed decisions are softened and the US10Y interest rates come down with QE, the mobility over $ 2000 will definitely be seen. If such a situation happens, the graph that I have shared will help us with which position should be opened and where the profit/transformations will be made. None of those legal responsibilities of your investment decisions belong to you. No graphics, drawings and explanations are within the scope of investment consultancy on this page. It is not only recommended to be used in the real account since there is no advice or comments for purchasing/selling. "