Financial analyst İslam Memiş asks, “Which one is cheaper?” In his YouTube video titled, he talked about the declines in gram gold and his predictions for the end of the year and 2025.
Underlining that his statements are not investment advice, Memiş said about the stock market, “Borsa Istanbul completed the week at 9389 points. In our agenda on Monday, I stated that it would test the 9400 resistance and that I would follow it. It rose above 9400 to 9501, and from there it fell again with profit selling. Again, short “In the term, there is a level of 9050 points below and 9400 points above,” he said.
“It may linger in this band range,” said Memiş, adding, “Monday’s opening will be important. If the 9400 resistance cannot be permanent, there are technical corrections below. I continue to wait for 12 thousand points until March. There may be sharp fluctuations in December. Numbers below 8800 points are a buying opportunity.” .
Evaluating the exchange rates after the stock market, İslam Memiş said, “Exchange rates are stable and calm. There is movement in the euro due to the euro/dollar parity, but the dollar is stable. The upward movements in the dollar will continue.”
Warning that “December should not be entered with an open position, November was the final month,” Memiş said, “Euro/dollar parity completed the week horizontally. I think those who took a gold position after leaving 1.08 acted well. There are those who trade in euros and those who need it. They are in need of euros.” “He should know that it is cheap. There has been a decline in the dollar index. All assets have lost value against the dollar. It is above 1.0680,” he said.
