The Expected Third Decline in Gold and Silver Has Begun
The third wave decline that we have anticipated in the gold and silver market has begun. Especially, the movement on the gold side is noteworthy. Gold, which reached the level of 3,450 dollars two weeks ago, declined to 3,255 dollars on Friday, experiencing a loss of 195 dollars. It closed the week at the level of 3,274 dollars.
I congratulate those who have patiently waited without panicking in the Iran-Israel tension. So, will this decline continue until the end of the year? I have no change in my opinion: Yes, the downtrend may continue. However, for more cautious investors, I find it appropriate to buy 50% at the $3,215 level and to buy the remaining 50% at $3,000 and below in case of a pullback.
Such decisions are directly related to the investor's patience and psychological resilience. I would like to remind you of my warning in April that 'gold will keep waiting for months.' Since April 23, gold has not tested the $3,500 level again. It seems that investors will need to be a little more patient.
For those saying, 'If a war breaks out, gold will be $4,000' or 'If the Fed cuts interest rates, gold will soar,' the situation has not been that way. I foresee that the pressure on gold prices will continue until 2026. However, the $4,250 level may be on the table for 2026.
Gram Gold: Has the Decline Ended?
Despite my expectation of a decline in gold, gram gold is not considered at its low levels due to the dollar/TL exchange rate. I expect a recovery again after the third wave of decline. Gram gold, which saw the level of 4,433 TL two weeks ago, fell to 4,205 TL on Friday.
I had previously stated that a 50% purchase should be made from the level of 4,212 TL. For the remaining 50%, the band of 4,150–4,200 TL may be suitable. After purchases from these levels, the first target will be 4,500 TL.
With this last decline, there may have been a 'third and final dive' in gram gold as well.
So What Could Happen Next?
It is likely that the Fed will start cutting interest rates in September and make two more cuts by the end of the year, and five cuts in 2026.
The resurgence of geopolitical risks is expected to come back to the agenda, especially as of September.
The central banks' (including the US and Switzerland) demand to reclaim their gold reserves may increase the demand for gold.
These developments may once again provide upward support for gold prices.
It is quite striking that some analysis firms that said in April, 'gold will see $4,000 in 2025' are now saying 'we expect a 20% decline.' In short, investors who made a 50% purchase last Friday should not delay the remaining purchase opportunity too much.
PLEASE READ CAREFULLY FOR THE $10 GIFT FOR 170 PEOPLE.
Friends who have not yet activated the futures trading section will earn $10 when they activate the futures section by entering my referral code 88623008. The first 170 people will benefit from this reward.
I AM EXPLAINING IN DETAIL.
My brothers who registered on Binance without a referral, please listen carefully;
When you follow what I say step by step, you will earn 10 USDT.
Enter the Futures section from your application,
On the next screen, enter the REFERRAL CODE section and open your account by entering the code 88623008,
Brothers who want to complete this transaction by April 10 and receive a reward of 10 USDT can do so. After activating your account from then on, it will be sufficient to have a trading volume of $30. However, if you do this after April 10, your reward will not come. Therefore, I suggest you take care of it within 5 seconds.
THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. THEREFORE, DON'T BE LATE TO CLAIM YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.
PLEASE READ CAREFULLY FOR THE $3,300 GIFT.
Friends, you know that we are doing everything we can for you as publishers. We communicate the services and opportunities provided to us by our authorities to you. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I strive to provide more support.
Now I will explain how to claim your gift. First of all, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain in detail and simply how to activate it.
So who can benefit?
Friends who have not yet activated the Futures section can activate it by entering my referral code 88623008 when opening the FUTURES section. It's an easy process. I've shown where it is below.