Uncertainty continues to weigh on all markets also Bist100 with increasing concerns about the deadly and contagious coronavirus, which continues to spread.Support level 119.061 / Resistance level 121.465
World Health Org has yet to classify this virus as a “global public health emergency''.Yes, it is an emergency in China but not a global emergency yet.
waiting US Retail Sales , Target 1.1196
Bist will retest 120.876 / short time Target 122.240 depending on the CBRT ,where to set the overnight interest rate (Jan16)
Target abt 1.1162 ,the next hurdle of relevance sits up to 1.1145 area, (over the 200-day SMA).
Gold meets with some supply amid fading safe demand.Target abt 1583.
Target abt 120.876 with pullbacks.
Gold has jumped to four*month highs.I think uptrend will contiune after correction to about 1515.
Now the price is very close the strong resistance level/line of 115084.I expect that price fall to the support level abt 112000 after touch the zone of 115081-115444
testing 1508-1507 than target 1489.
Target abt 114000 ,than expecting retracement to abt 111500.
Eur Bullish in 2020 so I am looking for the buying opportunity.
Target 1486 ,index shows a little reaction to market fears concerning the US-China trade relations and Brexit.
seems to have entered a bullish consolidation phase.
wait for the ECB decision for a clear direction (at the moment trending downwards)