Gold closed at $1228.8 (+$2.5) and Silver closed at $17.38 (+$0.06) its highest level since the beginning of March. Both gained 2% in the last week. The U.S. dollar index edged higher on political uncertainty, and it fell more than 1%. Gold remained up last week because the Fed’s interest rate (1.4%) trajectory remains unchanged.
Continue readingIn our last updated for nifty future have mentioned up-reversal was perfect. if you remember, it was traced trend of up in last update with reversal point. But, today, update is indecisive. Look at the chart, you will get support where traders can start buying.
You have to wait for level come to trade. As mentioned in chart 9056 nearby great change to buy nifty. Deep is great idea for long. Yes, Doji is sign of reversal, but it till not confirmation of reversal. 9131 above trade is up move.
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Did you know what I said about Gold and Silver on last Friday report?
If you forget, then click here and remind now!
I had written about Gold “You can sell gold below 28474 for 28320 – 28160 levels.”
South Korea court upholds impeachment of President Park so Gold remain down, and it will go more downside if you don’t see 28474 levels. You can sell gold below 28474 for 28320 – 28160 levels.
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What I said in the morning about Gold?
If you don’t remember, then click here and read again.
I had clearly said, “Gold will definitely try to remain up after opening bell, but sellers are waiting… Sell the gold anywhere!
Targets: 28830 – 28760”
GOLD ALL TARGETS HAS BEEN ACHIEVED, Enjoy!
Even our premium also SOLD GOLD @ 28900 level. Look below screenshot! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
What I had written about Silver in the morning?
If you don’t remember, then click here and read again.
I had said, “Crucial level: 42356
Don’t sell silver if it will remain above to crucial level. And yes, don’t forget to sell silver if it will break this level! Silver future is very dark below crucial level. It can go down up to 42180 – 42060 levels.”
SILVER BOTH TARGETS HAS BEEN TOUCHED, Enjoy!
Gold will definitely try to remain up after opening bell but sellers are waiting… Sell the gold anywhere!
Targets: 28830 – 28760
Only, 28980 levels can stop the downfall of Gold so be careful with this level. It can drag the gold from 28980 to 29040 – 29100 above!
Crucial level: 42356
Don’t sell silver if it will remain above the crucial level. And yes, don’t forget to sell silver if it will break this level! Silver future is very dark below crucial level. It can go down up to 42180 – 42060 levels.
Yesterday, so many people were talking about cotton unstoppable upside movements. You must read my Feb 27, 2017 report of cotton. Click here to read it
I had clearly mentioned in bold words, “I would like to keep your attention on MCX Cotton, it’s best for buy. I will not reveal perfect entry levels and stop loss here because it’s available for premium subscribers …but it targets is 21450-21600+ levels.”
The first target has been achieved, and running around the second target!
It’s profit booking time for whose reading our reports regularly.
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