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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 readingSouth 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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Gold started moving down from this week. Even our premium subscribers started selling Gold from 1st March.
Check out below screenshot: →
Yesterday, our subscribers booked full profit! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
But if we talk about today, then gold is not good trading. But silver is very aggressive and high selling pressure coming up. We may see continue downfall on next week after some recovery.
Be connected with us to know more.
Support: 185.2
If zinc remains above the support, then definitely it will recover yesterday loss and show us 186.6 – 187.5 levels.
But if zinc will break the support and stay below it, then nobody can stop to fall down the zinc.
Targets: 184.6 – 183.7 below.
I’m saying to buy Gold & Silver from 7 Feb, 2017.
If you forget it then click here and remind now.
I had said about Gold in bold words, “you must know that, if your day trader then keep in mind ‘gold will hit 29350-29550+ levels soon’.”
And I was also written about Silver, “Hurdle: 42000. If silver will cross over and close above the hurdle then buy for 42630 – 43300+ level.”
GOLD & SILVER ALL TARGETS HAS BEEN ACHIEVED IN LAST TRADING SESSION.
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Unlock This ArticleIf you have any plan about aluminium then I would like to recommend you read my last newsletter by click here.
Did you know, on last Thursday our subscribers sold Aluminium and booked profit in just 10 min!
Not only aluminium, we have also sold zinc and it touched all targets in just a few minutes too.
LOOK AT RIGHT SIDE SCREENSHOT →
Many traders are avoiding other sector commodities, but I’ve one message for them, “in investing, what is comfortable is rarely profitable.“
So 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 subscribers …but it targets is 21450-21600+ levels.
I hear lots of peoples are talking, “it’s time to pick CPO for short-term buy position.” And I agreed. You must buy …but when? Whenever it will close above to 552 levels. If Crude palm oil will close above to this level then it can hit 560 – 566+ levels.
CPO hurdle is 552 level, and you should keep selling until it breaks the hurdle.
Targets: 542 – 538 below levels
