Gold Price Today in Turkey,Monday 02 March 2026 – Latest Gold & Currency Updates

Gold Price Today in Turkey,Monday 02 March 2026 – Latest Gold & Currency Updates

Here is the English version with a clear structure and a summary table:


Gold Analysis (GOLD)

Gold prices jumped at the start of the week’s trading on the intraday levels, successfully breaking above the current resistance level at $5,300, which we previously identified as a potential price target.

This breakout was supported by price movements along a short-term ascending trend line, in addition to its stability above the 50-period Simple Moving Average (SMA 50), which strengthened the bullish momentum at the beginning of the session.

However, this upward momentum was not without warning signals. The Relative Strength Index (RSI) began to show a negative crossover after reaching sharp overbought levels. This led the price to pull back and trim part of its early gains, signaling the possibility of short-term consolidation before attempting to resume the upward move.


Daily Silver Analysis (SILVER)

Sankari & Partners – 02-03-2026

Silver prices experienced volatile intraday trading recently, influenced by emerging negative signals from the RSI after reaching extreme overbought levels. The price is currently attempting to relieve some of this overbought pressure and cool down the upward momentum.

Despite these short-term pressures, the price continues to rely on an important dynamic support level, represented by its stability above the 50-period Simple Moving Average (SMA 50). This reinforces the short-term corrective bullish trend, particularly as prices continue to move along a supportive ascending trend line.

This keeps the chances of resuming the upward movement intact once the current correction attempt concludes.


📊 Summary Table

AssetCurrent TrendKey ResistanceKey SupportTechnical IndicatorsOutlook
GOLDShort-term bullish$5,300 (broken)SMA 50RSI negative crossover (overbought)Possible short consolidation before resuming rise
SILVERCorrective bullishSMA 50RSI cooling from overboughtUptrend likely to resume after correction

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