gold tips

Enhance your MCX gold trading skills with Moneymunch’s free gold trading tips and market analysis. Stay updated on the latest commodity market trends and make profitable trades.

MCX New update: Gold, Natural gas, Aluminum and Kapas

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mcx_gold_katrina_kaif

Once MCX Gold open downward, then Go and sell it without any question. Targets: 30181-30143-30098
More information about Gold for subscribers.

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mcx-natural-gas

One of the best item in MCX is Natural gas. Go and sell it. Targets: 173.6-171.9

MCX Aluminium

Today MCX Aluminum looking crazy. So many times in our past newsletters, I was mentioned to sell aluminum. I am saying this again thing, if once today it will close at 107.9 or below.. then go and sell it…. It will kiss 106.4 in just 2 trading sessions. Yes, exact time with stop loss for  subscribers only!

 

mcx ncdex kapas cutton

I also said so many times to sell MCX kapas in past newsletters. Today just going to give you alert. Stop selling after 2 trading sessions because it will try to change direction. Intraday traders for last targets: 875-871
Once thing keep in mind, once it’ll close below to our last target then you will see big bloodbath in it.

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Commodity MCX & NCDEX Gold, Silver, Crude oil, Natural gas, Zinc, Jeera

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You know, world’s fastest growing market is commodity market and in it crazy movers are Gold and Silver. One more thing you should to know, ‘The major monetary metal in history is silver, not gold’. Remember, your TV is lying to you when it says the ‘demand for Gold and silver’ is decreasing. Anyway, stop struggling and start making money with me.

mcx-crude-oil

Let me start with Crude oil. First, click here and read our crude oil report now. Okay, now I hope you got it what I want to say you. Go and sell crude oil with targets: 4861-4841-4800. Contract changed that’s why little levels will change. Yes, stop loss and exact levels for subscribers only!

I think, should not say more about MCX Gold after above chart.

mcx-natural-gas

First click here and read our past natural gas report with chart. If MCX Natural gas not close below to hurdle 178.5 then it will kiss 190-200-214+.
street figher woman gif
On this 21st, Natural gas was kissed our first target!

ncdex jeera

NCDEX Jeera is very crazy item in Angri commodities. Free readers, I am just your well-wisher and want to say you. Today it’s looking downward. More information about Jeera to subscribers only.

mcx-silver

SILVER, ZINC & JEERA REPORT IS BELOW. FOR TO SEE It Log IN NOW AND ONLY SUBSCRIBERS CAN READ IT. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

We will update soon Lead and Nickel Chart soon.

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Indian Gold Demand Picks Up

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Indian Gold Demand Picks Up

The love for gold has been reignited in India, according to the World Gold Council (WGC) in its Gold Demand Trends for the third quarter of 2012. India regained its title as the strongest performing market, overtaking the greater China area, as the country experienced a bounce-back in demand due to improved sentiment during the festival season. Compared to the third quarter of last year, Indian gold jewelry demand grew by 7 percent while gold bar and coin demand rose 12 percent. Total consumer demand was 223 tons, compared to 205 tons this time last year. The second largest market was Greater China, which consumed 185 tons in the third quarter of 2012. This was less than the 201 tons consumed in the third quarter of last year. Together these markets in the east made up 55 percent of the world’s jewelry and investment demand, according to the WGC. indian-gold Although India experienced a setback earlier this year when gold shops boycotted a proposed tax on the yellow metal, imports recovered by July “as inventory levels were bolstered (aided by a well-timed dip in the local price) and the market adjusted to the customs duty,” says the WGC. The third quarter has historically been a strong seasonal time for the Love Trade to come alive in the east. Monsoon rains and the festival season in the fall are generally associated with the buying and giving of gold. Still, for the year, don’t expect the Love Trade in India to be as strong as it was in 2011, as gold demand remains subdued with the ongoing weakness of the rupee.

Read More…

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ETF (GOLD & US Dollar)

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On its way down from 168, GLD broke its first support level and came to rest on the second (200-DMA) from which it had a bounce. Last week, I suggested that it might find some resistance on the small horizontal red trend line, which it has, and which caused it to pull back three points. It’s difficult to see how it could have much more of a decline right away if the market is going to have a mid-correction rally, so we can probably expect the near-term trend to turn up again, perhaps reaching the top channel line (blue) before rolling over again.

Gold Etf

If GLD does not have much of a rally from here – especially if the market does rally – it will be an indication that some decent weakness can be expected into the cycle low. In any case, subsequent action should form a P&F pattern which will help us determine the extent of the decline into the 25-wk cycle low.

UUP (dollar ETF)

UUP normally goes against equities and gold. The index appears to be extended short-term and eady to pull-back. This can be seen in the indicators, one of which is very overbought and the other beginning to show some negative divergence. If a short-term top is forming, this should help the market to find a short-term low.

US Dollar ETC

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New update: MCX Nickel, Gold, Zinc, Crude oil and Silver

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mcx nickel live chart & calls

MCX Crude oil Tips

Yesterday, MCX Crude oil gave us a signal. It’ll start rally soon as possible and also it will kiss again 5200-5380 level.

mcx gold tips

MCX Gold is looking consolidate. Today 90% chances to close downward.

 

mcx zinc tips

Today I expect zinc should to go more down.
It’ll touch 104.8-104.4-104.1

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Why It’s Time to Sell Gold

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After touching a new 2012 high following comments from Federal Reserve chairman, Ben Bernanke on Monday, Toby Connor of Gold Scents details why it might be time to book some profits in gold and mining stocks.

It’s been a great run over the last two months but it may be time to tighten stops on mining stocks. You can see in the chart below that at least during this stage of the new C-wave gold is still inversely tethered to the dollar index, as are miners.

Dollar Gold HUI Chart

dollar fall

During the period from September 2011 to July 2012, the dollar was moving generally higher out of its three-year cycle low and that forced a 10-month correction in the precious metals sector. It’s been my opinion that the three-year cycle in the dollar topped at that point, and should drift generally lower until the next three-year cycle low sometime in mid-2014 (with occasional counter trend rallies from time to time).

I’ve been expecting one more leg down in the dollar to test the February intermediate low before the first counter trend rally.

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