Technical Outlook for the New Week in the Markets👇

#Gold has been maintaining its upward movement in the higher time frame for years. Negative developments on the global front have significantly increased the strength of this upward trend. Looking at the recent movements, the price has formed an ascending channel, and considering the current war news, there seems to be no likelihood of this trend breaking in the medium term. The target after these levels will be ATH, which is around $3500.

#UKOIL After showing a downtrend for a while, oil has strongly redirected its trend upwards due to news. If the price remains above the descending channel, it will take that area as support. In the event of a possible peace announcement, pullbacks to the $70.5-$71 levels could present opportunities to participate in the upward movement.

#EURO The price continues to perform well against the weakness of the Dollar. A breakout occurred to the upside with a reaction from the most recently formed daily Imbalance (FVG) area, which is a positive situation for a new rise. If the price pulls back to the $1.14600-1.14800 levels, it can be included in the trend with a new confirmation.