Warnings from Islam Memiş, which is intently adopted by those that spend money on gold, got here one after one other. Emphasizing the ups and downs that occurred beneath the gold, Memiş evaluated the potential occasions by saying “Do not be a backstabber” to the individuals who personal gold. You’ll be able to take a look at the small print in our information…
Emphasizing the potential gold costs in October, İslam Memiş stated, “The worth of an oz of gold is round 1670 {dollars}. There was a pointy retreat final week. We stated, ‘There was no worry, panic, be calm, don’t lose your property”.
Islam Memiş’s evaluation of gold is as follows:
“The worth of an oz of gold is on the degree of 1670 {dollars}. There was a drastic pullback final week. We stated there isn’t any worry, panic, settle down, don’t lose your property. In October, there was a reverse nook pricing. Beware, I had warnings. An oz. of gold, which is in a speedy restoration, is on the degree of $ 1670. 1680 resistance degree to start out robust uptrend. If this breaks, it is going to be throughout the pricing focusing on 1800 once more. The constructive outlook within the final quarter of the 12 months continues.
There isn’t any change in my expectation. Gram gold TL value is within the vary of 1004-1009 liras. Prior to now weeks, we noticed the numbers 990, you noticed the numbers 970 on the screens. It has sagged under 1000 liras, nevertheless it continues its upward actions once more this week. The constructive outlook continues beneath the gram, so do not get carried away low cost. There isn’t any change in my bullish forecast.”
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