Islam Memiş, who warned the investors in advance by saying that gold and dollar, which had reached the peaks in the past days, will experience a sharp decline, continues to evaluate the market. Gold and Money Markets Expert explained what levels gold and dollar may or may not see in the future. Cryptocoin. com
As , we convey the expert’s comments…
What does the expert, who knows that there will be a sharp decline in gold and the dollar, says now?
Islam Memiş, who has warned about the dollar rate and the price of gram gold in the past days and stated that there may be sharp decreases in these two, and that “it should be waited patiently”, was right in this prediction. He stated that when we see 18 lira in dollars and 1,000 lira in grams, there will be a hard break. According to Memiş, the real value of the dollar is 10 liras. Under it, it is waiting for the 585 lira to be tested for the price to drop completely. On the other hand, in order to continue the decline in the dollar, it expects a daily closing below 12.5 liras.
So what’s next? Should gold and dollars be bought at these levels? Islam Memiş shared his thoughts. According to the analyst, a gradual purchase can be made at the level of 12.5 lira in the dollar. “It would be healthy to purchase 12. 50, 11. 5, 10. 50 and 10 liras in 25 percent slices. For gram gold, I recommend gradual purchase, such as 750, 700, 680 or 580 lira levels.”
Finally, Islam Memiş does not think that the gram gold price will see 1,000 liras again in 3-4 months. He claims that the dollar rate is highly unlikely to see the 18 lira level in 3 or 4 months, given the current state policy.