Gold and Money Markets Specialist İslam Memiş, who correctly predicted that the gram gold price, which rose to 1,000 lira in the last trading weeks of 2021, would collapse, continues to come up with his predictions. So, what does the expert name say this time? cryptocoin.com We are giving the details as…
Gold and Money Markets Specialist announced the level of purchase he expected under
Islam Memiş, who correctly predicted that gold, which rose from around 450 lira to over 1,000 lira in 2021, would decline, reminded that gram gold completed the year from 779 liras, and drew attention to the fact that it provides a return of over 70 percent in a year. In other words, he underlined that those who invest in grams of gold earn all kinds of money.
He pointed out that the whole world is waiting for the US Federal Reserve’s (FED) statements on January 25 for 2022. He stated that until that date, the markets were moving sideways and investors were waiting for the FED’s decisions to take a position. As we have previously reported, there is an expectation that the implied decision to increase interest rates in the last FOMC meeting of 2021 will take place on January 25th. He thinks that if ounce of gold makes a downward movement, the dollar/TL parity will go up, so gram gold will gain value. He predicts that in case of a decrease in ounce gold, gram gold will rise again. For this reason, he emphasizes that gram gold provides all kinds of advantages.
Establishing a relationship between the dollar/TL and gram gold price, the expert thinks that gram gold can reach 1.450 liras during the year, as he expects an increase in this parity. However, he thinks this will take time and predicts that a buying opportunity may be seized first. The expert, who is waiting for around 720 lira to be tested, says that he will not prefer to buy when gram gold is over 800 lira, and that he has to wait for 700 lira or gold to buy.
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