Commodities fire negative economic data – Gold recently logged a 25% gain so far this year. Gold Thursday continued a four-day rise soaring as high as $1399.70 an ounce as the dollar fell for a second consecutive day. We have a condition where the markets are rallying on fine and poor economic data, which is a solid indication that markets would like to go higher. No big secret there, of course. We’ll see more negative news headlines this month and it’ll be interesting to see how the commodity markets react to them.
“Gold and Silver both want maybe to get more blood from WHO SOLD GOLD/SILVER? But stop, what is this? Quite low volume, for together, on this hot move. Could this be a fake move? Who knows but it is amazing to believe about.”
Today I want to write something HOT for you + Want to remind you, what I had written and How much accurate…
I had written about Gold 24, Nov 2010 – Click Here to see it
“If crossovers 20578 then It’ll touch 20951, Gold taking ride UP to crunch my target soon…”
I had written about Silver 26, Sep 2010 – Scroll Old Posts & See it – One by one
“When silver breaks 32645 that time I said – THERE IS NO REASON TO SELL IT”
And just take one refresh to your memory again – 1, Dec 2010 I had written about silver
Watch carefully 43360 level – If you want to do suicide then short silver!
Short Term Targets 43711 – 44023 – 44228 – 44608 and Last rocket target – 45528+
ALL SHORT TERM TARGETS ACHIEVED @ 4, SATURDAY
Watching new target for silver 45840 – 46120 – 46460 but after it’ll take one U-Turn