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The Mallicast team anticipates that gold will start the week with a bearish trend, followed by a bullish move. Initially, the price is expected to pull back to 2638.978, and then rise towards 2716.

Global gold prices have consistently been setting higher lows during this period, indicating a strong upward trend despite market fluctuations. Although the price has not yet formed a bearish pattern on the 1-hour timeframe, the bullish movement appears likely to continue. The Mallicast analysis team forecasts that if this upward trend persists, the price of gold could reach a target of $2,547. This forecast takes into account the current market trend and the monetary policies of August, which remain contractionary. Contractionary policies, implemented to control inflation and reduce liquidity in the market, could continue to support the rise in gold prices. Therefore, considering the current market conditions and existing technical analyses, there is a potential for further increases in gold prices in the near future.

The Mallicast Fundamental Team's analysis of gold focuses on the underlying factors influencing its price. They examine elements such as economic indicators, monetary policy, geopolitical events, and market demand to provide insights into potential trends and price movements for gold.Global Gold Growth refers to the increase in gold prices in international markets. This growth is typically driven by factors such as higher demand for gold as a safe-haven asset, a decline in the value of the dollar, economic volatility, geopolitical tensions, and lower interest rates. During times of heightened uncertainty in financial and economic markets, investors often turn to gold as a hedge against inflation and currency devaluation, which can contribute to the rise in gold prices.

The Mallicast team predicts that gold prices will initially rise to 2523.952. The optimal entry point for a short-term buy is at 2518.681. After this, the price is expected to climb to 2531.945. Following this price level and the absorption of liquidity, there is a possibility of a decline in gold prices.

Given the liquidity gathered from weekly levels, the MATIC currency pair may reclaim its previous high. Mallicast analysts suggest that the price will first experience a drop to 0.5008, followed by a rise to a peak of 0.5902. The highest bullish target is predicted to be 0.7598.

The analysis is clearer on the 4-hour time frame and lower. A Mallicast team analyst presents their short-term forecast as follows: Initially, we expect a continued rise to the 2828.76 range, followed by a correction. The highest predicted liquidity level is at 2926.62.

The Mallicast analysts predict a price increase to 73,915.3 once again. Pay close attention to the monthly candle and the accumulation of liquidity in this time frame. One of the Mallicast analysts has predicted that the possibility of a price correction in this trend is very low, and the time for spot buying has arrived.

youtube.com/@malli-cast?si=pvJ0q4vY6XABYaZ3instagram.com/malli.cast/profilecard/?igsh=MTJvMGFlNDVqMWU0ag==linkedin.com/company/mallicast/Bitcoin analysis, considering USDT Dominance, suggests a bearish trend. Based on the latest chart pattern, which shows a bearish flag, Bitcoin could drop to 49,047.3. However, the highest price that can be expected for Bitcoin today is 61,978.4.

instagram.com/malli.cast/profilecard/?igsh=MTJvMGFlNDVqMWU0ag==youtube.com/@malli-cast?si=pvJ0q4vY6XABYaZ3In the gold price chart, given the unstable monetary policy conditions, a short-term decline to the price level of 2482.65 is foreseeable. Additionally, an upward movement may continue towards the 2500.17 range.For trading on August 19th, it is suggested to sell in lower time frames to account for the price correction and to consider buying again in higher time frames around the 2509 level.

In the analysis of the time frame of 1 minute on the block order in the appropriate range