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This week commodity market was a go up and down performs because it totally followed China. Let me explain, the week started with sensitivity that China’s growth was slowing plus that would be awful for commodities and by mid-week, the commodity markets rocketed superior on stories that China would perform to inspire their economic system. Friday with weak economic reports starting China and pressure on the markets resumed.
In mid-week, I said to everyone (Free users and Paid member) buy MCX Gold & Gold Guinea and we booked profit also. That time I got lots of phone calls and peoples saying to me, “Our broker says to Sell Gold”. No require to blame your broker here. The markets are focusing extra on China, because our own economy is looking weaker. This weak market will follow last week. I want to say all traders, “Don’t trade blindly in Bullion sector”.
Want to know, why I am saying, “don’t trade blindly in Bullion sector”…?
Lets street to the point, you can see minimum 7 times silver touched 55826 level and closed around it later unbelievable rally started and it’ll take 1 or 2 month to touch 58000 – 58900. That time you’ll confuse, “now what I should to do Buy or Sell?” Yep, we know what will happen this week in Bullion sectors because again silver closed around 55826 level but I’ll say it to my Paid Members only!
Lots of mails and phone calls I got about Crude Oil’s direction. Please relax! Don’t hesitate to ask me. Yes, you can continue emailing me but I’ll give you response in free time because my first duty is to find solution of my paid members questions.
I want to ask you now, “What you think about Crude Oil?”
You’ll say definitely Crude Oil will run sideways. No, MCX Crude oil is very strong. 85% Look Hot and 15% weak. Rightnow, best opportunity is available for Long-Term Traders. Just keep on mind below sentence:
“Buy Crude oil for very Long Term. Targets: 5500 – 5630 – 5710 Set Stoploss: 5175 OR Sell Crude oil for very Long Term at 5175 Targets: 4940 – 4804”
Now, choice is yours! Paid members know what to do… BUY OR SELL!
Copper will start rally soon. I just want to give you alert. Exact time and Exact level with stoploss for subscribers only!
Do you remember 13th April 2012 at 9:30AM newsletter? I’m asking you everyone… free users and paid members also… I told you, “Sell Turmeric Short term targets: 3435 – 3363 – 3334 – 3291 and Long Term Target: 3130” If you don’t know then Click here to see it Our First Target almost done! Today it’ll touch our second and third short term target.
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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.