Finance Analyst İslam Memiş evaluated the recent rise in gold prices and shared the remarkable levels for gram gold. Memiş said that if the level of 8,157 TL is broken upwards, a new area of up to 10 thousand TL can be opened in gram gold.
PATIENCE WARNING FROM İSLAM MEMİŞ TO INVESTORS
Finance Analyst İslam Memiş said that gold investors should not focus on short-term fluctuations.
According to Memiş, on the gold side, a medium and long-term strategy may yield better results.
ATTENTION-DRAWING RISE UNDER SPOTLIGHT
Spot gold rose to $4,650 with the latest move.
This level stood out as one of the highest levels seen since May 15.
CAN THERE BE 10 THOUSAND TL IN UNDER A GRAM?
The question investors were most curious about was whether gram gold would reach 10 thousand TL.
İslam Memiş stated that for this scenario to occur, a critical level in gram gold must be exceeded.