Gold and Money Markets Specialist İslam Memiş continues to convey his assessments on gold. The expert name, in his last comment, determined the levels that grams of gold will see in 2022. It also highlights the date of January 25, drawing attention to the expectations in the market. Cryptocoin. com we share the details…
Islam Memiş announced its gold expectation: At least 80 percent rise!
Gram gold, which exceeded 1,000 liras in the last weeks of 2021 and then decreased to 600 liras, is changing hands at 789 liras at the time of writing. Gold and Money Markets expert, İslam Memiş, thinks that gram gold will experience an increase of at least 80 percent in 2022. He also states that since he is a “long-term” investor, he focuses on annual returns rather than annual fluctuations. He emphasizes that it gives the investor a “buy-sell” message, not a “buy-sell” message. He thinks that trade debris has been seen throughout 2020 and 2021, but there will be much more “trade” debris in 2022.
In case of withdrawal of ounce of gold, the dollar/TL rate will move upwards; Memiş, who thinks that if ounce gold rises, gram gold will rise again, he argues that gram gold is advantageous in every way. He claims that 1.450 liras under ounce will be inevitable as he expects new records in dollar/TL this year. As a level that can provide a buying opportunity, it draws attention to 720 liras. While he thinks that 2022 will be quite volatile, Islam Memiş stated that the US Federal Reserve (FED) statements were followed on January 25 in the near term, and he thinks that “no one will take a position in 2022 without seeing the Fed”.