Technical Outlook for the New Week in the Markets

#Gold

Last week, with the calming of the war, gold could not hold within the channel and sharply pulled back. Now, I am expecting a reversal from the support level indicated by the green box. If confirmation occurs in the area, I plan to evaluate upward movement.

#UKOIL

Oil prices also experienced a sharp sell-off due to the war and are currently at the weekly Imbalance (FVG) level. Looking at the war news, there is a calm atmosphere even if there is no peace. In the new week, since prices are at the support zone, I expect tensions in the war to rise again.

#EURO

The price continued its upward movement throughout the week and managed to exceed the target level. Currently, the economic imbalance on the US side is causing the movement in the price to be significant. I expect the direction to continue upwards with a possible pullback to the gray box. In the new week, significant data will be released throughout the week, except for Friday. Attention should be paid to close stop trades during the data hours.