28th August 2012
Today – Gold and Silver are highly volatile. Positional investors who want to make long positions are recommended to wait till 29th August 2012 ‘s late night (IST). It’s recommended to buy on DIPS.
In last day’s newsletter, we had clearly said that Gold could go down to as low as 1645 while Silver could go down to 29.50. These are possible lows we expect.
It is recommended to buy on dips.
You should follow the strategy of buying on dips even for Thursday and Friday.
TRADING RANGE OF THE MARKET:
CRUDE OIL: 94.20-96.50
DOLLAR INDEX: 81.80-81.30
(SPOT) NIFTY: 5350-5420
(SPOT) USD/INR: 56.00-55.20
S&P 500: 1407-1420
Please note that this is an indicative report only and not live trading calls.
Our specialty is ‘LIVE TRADING CALLS’. Kindly contact us if you want to add the advantage of ‘financial astrology’ to your portfolio.