Just two days back (29th April), what I said to you about Gold? Click here to read it again I had written,“If today gold close below 28960 then we can expect downside around 28700-28500 below.” Look, Gold closed and crossed 28960 and kissed my first target on next day and second target from only -10 left to hit! Mint money & Just enjoy!
Just two days back before market opening bell what I said about Guargum? Click here to see it I said, “Just keep in mind, opening bell should be positive. Targets: 14,737-14,900+” Guargum all targets completed @ same day..
What I said about Lead on 25 April to you? Click here to read it I said, “Wait for exact time and level because it go down from present position. Note, if it close below 129 then it will kiss 126-124 level without any doubt.” I told above statement when it was running at 130… It kissed my first target day before yesterday, enjoy! Now, what you expect? Where to put new position for upper side targets? I will say it to members only!
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On 25th April, I had also written about CPO. Click here to read it I said, “Nowadays CPO is the best commodity. You should sell it on top as you can and forget it! Targets: 563-560-558.5 below Don’t forget to keep patience.” I said above when it was running at 567 level and just yesterday it kissed my all targets and made low 554.9.. Enjoy!
What I said about crude oil on 23rd April? Click here to see it I said, “SELL MCX CRUDE OIL @ 6220 ABOVE/BELOW S/L 6242 TARGETS: 6190-6150 TRADE WITH MED QTY – RISK LEVEL LOW” Next day, crude oil completed all targets!
First – know what will happen in MCX Natural gas for today & tomorrow, look below chart:
We know well, China natural gas production increasing in March to top in last two years and Gov. Data showed that natural gas utilization in China hit almost 170 billion cubic meters last year. United States domestic natural gas prices are falling by a lack of upward income stress.
EIA (Energy information administrator) said, “China passed the United States as the world’s top importer of oil products.” If you don’t believe, look below chart with forecast:
As you can see China rising utilization and the United States’ short output “INSTANT STATIC REPORT” which creates by national development said same thing that from March 2013 natural gas production arrived at 11.2 billion cubic meter and U.S at 1.6 %.
The world’s biggest energy user wants a natural gas booming to speedy transformation in the U.S. and that’s the reason China has revolution envy.
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Today is very crucial day for gold and it was closed at 28970 with profit +65 rupees. If today gold close below 28960 then we can expect downside around 28700-28500 below. But we’re expecting rally upward continue with targets: 29190-29260-29370. (Look Gold historical technical chart)
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