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What’s Gold and Silver direction? Do you know on 26 June 2012, I had written about Gold (CLICK HERE TO READ IT AGAIN) and said,”Once Gold will cross and close above 30307 then you can buy it without worry with targets: 30500-30700-31000. Don’t sell MCX Gold without advice.“
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MCX Silver and Gold have been rising in current weeks. The stock market and commodities have been rising recently in anticipation of a move by the Fed. The economy is still struggling plus most feel this shell game will maintain for a long time. If you watch the stock market, you can see a pattern of a slowly churning higher market. It is almost a 45 degree angle higher climb with a very tight range. This is point that the market will continue higher and you don’t want to fight it. The big players are controlling the market and they know what they’re doing. Crude oil could easily churn higher to the $100 level in the near future. Until sentiment in the market changes, you want to go with the flow. The stock market is the main indicator and the oil market will follow along.
Anyway, today I think MCX Gold and Gold Guinea both looking upside. Intraday traders have must eye on Guinea. It’ll kiss 24078-24101. What about Gold? I’ll write soon.
I see good opportunity for small traders in Mentha Oil. Yep, yesterday our subscribers minted money from it but today I think to pass for everyone. Remember, it small piece is unsafe. Targets: 1348-1356
From past 2 months, MCX CPO is jumping like monkey and everyone know monkey is monkey. That’s why I’m not going to write more about it. Targets: 556.5-558
Lion Heart traders, open you heart now and Go with NCDEX Castor Seed flow. Targets: 4345-4366-4382
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If you don’t believe then Click here and read it
Our second target was 4947 touched
What else you need?
Today I’m going to write about MCX Gold/Mentha Oil/Copper…
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Do you remember what I had written about Gold two times.. Click here to see it. I said, “Gold will touch 29456 – 29429 – 29360“. Yesterday Gold all targets blasted!
Today I’m bit worry about Gold because it closed at Hurdle 29264. It’ll take U-Turn or not from Hurdle?
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What I had written on my last two newsletters? You don’t know then click here read last newsletter and for Nickel call Click Here.
Let’s start talk about Nickel first,
I said on 4th July 2012: Sell nickel without worry with targets: 932 – 930 – 928 and yep, our subscribers also sold it @ 939 and just today booked profit.
Oh yeah! I also said about Cardamom, I hope you read my last guesstimate carefully. I told you to buy cardamom when it was run around 1336-40 and yep that day it was kiss our cardamom all targets. Today also my subscribers bought cardamom at morning by sms, “BUY CARDAMOM @ 1454 AND BOOKED PROFIT 1482 LEVEL.”
I was also mentioned about Crude oil on 5th July but I said strictly to everyone – IF ONCE OPEN UPSIDE THEN DON’T SELL IT. I hope everyone listen carefully and leave to trade on it. Why I am saying here again because some peoples call me said to me, “I sell crude oil at opening bell.” Oops! When I was listening that time I got dizzy really.
That day also said same about Gold and yep.. I said my subscribers close eyes and sell it and forget! Also Gold was opened down side as I said and we sold it and still hold. I’m thinking it’ll crash more but I will update about Gold for my subscribers only! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
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This Monday morning bring the biggest surprises. Let’s come to the point, MCX Gold and Silver both is running totally opposite to Global Market. Dow Jones will kiss 13224 in coming days as well as FTSE 100 also touch 5759 level… Silver maybe crash and close below 51460 then market will crash heavily. Intraday traders and Long-Short Term Traders please don’t work without any guidance otherwise you will lose all money, which you earned by trading.
Today, if gold make red light at opening bell then sell it. Targets: 29456 – 29429 – 29360. Stop to trade with Silver without guidance.
Choice is yours!
MCX Crude oil is looking bit weak. Once it open downside then Sell it with targets: 4742 – 4718 – 4704. If it’ll open upside then leave to trade with Crude Oil and keep patience.
Cardamom is mom of every commodity. Mom always ups in our heart that’s why I’m saying to everyone Buy it!
Targets: 1355 – 1361
Yep, don’t hold long otherwise mom will hit you…
Steel long already made good low and in bloodbath rightnow. I say, it’ll stop to crush in between 3 trading sessions but Intraday player go and sell it. Targets: 31674 – 31635 – 31590
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