Bearish Market Forecast for 14th August: Global Cues Analysis

Our forecast on 13^th August about Gold (to touch the high of $1625) turned out to be correct. Moreover, Gold also touched the low of $1607. Crude Oil traded in the range between 92.10 & 94.00 as predicted. EUR/USD also reached the higher level of 1.2370 and lower level of 1.2230. Now we predicted – Bearish Market Forecast 14th August ^th August, the market is expected to be bearish with volatility for “Bullion, Metals & Stocks”. Due to Saturn-Mars conjunction, a sharp fall is possible on 14-15^th August 2012. Please note that the sharp fall is likely to happen in the evening session (INDIAN STANDARD TIME) which shall continue till night. Trading Range For Global Cues, Bullion, Oil, and Currency:

EUR/USD: 1.2380-1.2260
USD/INR: 55.25-55.80-56.00
GOLD: 1615-1605-1590
SILVER: 28.10-27.50 and below
CRUDE OIL: 93.70-92.20 and below
S&P500: 1405-1390 and below
Dollar Index: 82.20-82.80-83.25 and above
Nifty: 5370-5320 and below

ALERT: Dollar to be strong against other currencies. (Updated at 23.25 HRS IST, 13 August 2012 – Indore, India) Courtesy: Rajeev Prakash, Director of MAA ASTRO DUNIYA PRIVATE LIMITED.

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Rajeev Prakash is the founder and CEO of AstroDunia. He is a financial astrologer with over 20 years of experience. Shashi Prakash Agarwal is an experienced market timing expert with 12 years of experience in the field. He holds an MBA in Finance from NMIMS Mumbai and an engineering degree in Computer Science. This unique combination of education and experience gives him a unique perspective on financial markets, as well as the ability to analyze market data using advanced computational tools and techniques. Throughout his career, he has demonstrated a deep understanding of financial markets, with a proven track record of success in his field. Prakash is a leading expert on the use of astrology to predict market movements. He has written several books on the subject, and he is a frequent speaker at financial conferences. Prakash is also a regular contributor to financial publications.