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At times it’s very challenging to move on, but at one time you move, you’ll understand, it was the Best choice. You’ve Ever Made.
BULLS ARE RESTORING THE LEAD FOR NSE NIFTY FUTURE
A unexpected improvement of key geopolitical risk, good numbers from China and the belief of a light tapering have switched on risk appetite, weakness in dollar uv rupees.
Price managed to close above crucial moving averages.On the chart shows a potential resistance line which set up 6030. In the coming days, short sellers will create good position on short side200-300 Points of short fall expected only, therefore don’t create overload position on short side.Market is still good for up move, just expected short term fall…[/list]
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Remember: Trends never reverse quickly but tops are very defined. Reversals take time to build and result in specific patterns. The first big drop almost always finds buyers, and the first spike almost always finds sellers.
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MCX Silver and Gold both is running opposite and for clear understanding, you should to compare with USDINR + GOLD + SILVER, it will give me exact direction idea!
Dear readers, I have one tip for you: New support 31,432 level
If gold close below my support then without any question, gold will go down 31,226 – 31,122 – 30,916 below and If it will not close below your support? Simple, 32000 – 32500 – 33000+ Now choice is yours!
MCX Silver is very clear. If it closes below 52,431 level then it will downside 50,356 – 48,621 – 46,885 – 45,509. I am sure, this week Silver will show you strong movement but I expect it will dance between 57,313 to 52,431 levels.
There is clear signal for long term investor, once MCX Silver close above 57,313 then it will kiss 59,912 – 61,254 – 63,401+
Now you have a question, what about Intraday?
Obviously, silver is not good for intraday. I think it should become around 53,412 level, and it will try to test 52,431 level in between 2-3 trading sessions.
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I have seen some people are talking about Cardamom call. First of all let me show you something, read our below tweet: Our subscribers and everyone booked full profit! Moneymunch Twitter Profile: https://twitter.com/Money_Munch
MCX Gold and Silver both closed inverse, do you know why? Sorry, but I will not discuss here about Gold & Silver because it’s available for member in Password zone. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
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I am not going to explain anything more about natural gas. Targets: 251-263-275 Hurdle: 240
MCX Sell lead between 148-147 S/L: 150 Targets: 144-142-140 Or Once cross and move above 151 then buy it for short term with targets 155-157-160, Choice is yours!
Don’t come in a trap. CPO know well, how to play. I have two live levels for you, Go and sell it @ 572 Targets: 569-565.5 or If CPO cross 576 then buy it for short term with targets: 780-785-789
Yesterday, Gold made all time high against the Indian rupee and after Gold & Silver both crushed heavily. The price of gold has shot up in the past few days while U.S. Treasury 10-year bond yields have fallen. Today Gold open upward, what you expect about Intraday?
Oh yes, yesterday I said to subscribers , “Buy MCX Silver sep @ 58200 without S/L and Targets: 58800-59000“ All my targets done!
I forget to say, yesterday subscribers also sold cardamom @ 770 with S/L 773 and targets was: 760-755That one also hit all targets!
What you expect now about Gold and Silver? Where gold will go?
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