AI Summary & Key Takeaways
AI InsightAs a result of analysis, findings shows that price movement in gold market swings according to Elliott Wave Principle and thus hypothesis that price movement in gold market can be analyzed by Elliott Wave Principle is supported.
📌 3 Key Takeaways
Abstract
Elliott Wave Principle is a form of technical analysis that tries to explain movement dynamics of price by accepting collective psychology as endogenous variable. The principle assumes that mass mood moves between opposite emotions, by following recognisable and consistent patterns. Wave Principle’s primary concern is to decribe how market behaves. To determine movement pattern of price makes it possible to forecast. In this study, price movement in gold market is examined with Elliott Wave Principle. As a result of analysis, findings shows that price movement in gold market swings according to Elliott Wave Principle and thus hypothesis that price movement in gold market can be analyzed by Elliott Wave Principle is supported.
Özet
Elliott Dalga Prensibi, kolektif yat ı r ı mc ı psikolojisini içsel de ğ i ş ken kabul ederek fiyat ı n hareket dinamiklerini aç ı klamaya çal ı ş an bir teknik analiz yöntemidir. Prensip, kitlesel ruh halinin birbirine z ı t duygular aras ı nda, tan ı mlanabilir ve tutarl ı ş ablonlar ı takip ederek hareket etti ğ ini savunmaktad ı r. Dalga Prensibinin birincil amac ı piyasan ı n davran ı ş lar ı n ı tan ı mlamakt ı r. Fiyat ı n takip etti ğ i hareket kal ı b ı n ı n tespit edilmesi, gelece ğ e dair tahmin yapmay ı mümkün k ı lmaktad ı r. Çal ı ş mada, alt ı n piyasas ı ndaki fiyat hareketleri Elliott Dalga Prensibi yard ı m ı yla incelenmi ş tir. Yap ı - lan analizlerde elde edilen sonuçlar, Elliott Dalga Prensibinde belirtilen döngüsel kal ı plar ı n, alt ı n piya- sas ı ndaki fiyat hareketlerinde var oldu ğ unu göstermi ş ve böylece alt ı n fiyat hareketlerinin Elliott Dalga Prensibi ile analiz edilebilece ğ i hipotezini desteklemi ş tir.