Short Bear Trend Formation - XAUTRYGIf price support around 6,566.0 TL broke (lower than this value at least 1-2 day), I expect it to go lower at least around 6,150.0 TL.
The price is oscillating and seems to get very high level recently.
Retracement is normal in this case.
Idea is supported by lower high at second triangle, double to
Altın Rekoru YenileyecekThe trend is quite clear and evident 😉
Gold prices have shown a strong upward trend over the past week.
Geopolitical Tensions: Ongoing conflicts and rising tensions in the Middle East are driving investors towards safe-haven assets.
Economic Uncertainty and Inflation: Global economic uncertainty
Big bangIt is clear that gold does not recognize the laws in this chart against the Turkish lira..Wave one and wave two have been made, and wave three is about to be completed, and because the chart is a monthly frame, the wave will take several months and will reach area 55000 A as an area, not a number,
gold vs bitcoin priced in Turkish liraPriced in Turkish Lira...
#Bitcoin PEAK in Nov 2021 and #Gold on a RAMPAGE, protecting Turks against purchasing power destruction.
Please note, substantial drawdowns in the speculative #Bitcoin versus #Gold's stability.
Bitcoin still below its all time highs.
Gold priced in Turkish Lira (stable)
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Displays a symbol's price movements over previous years to identify recurring trends.









