21^st August 2012: Today, the market is expected to be highly volatile (for Bullion, Crude Oil). Some weakness is possible. But it’s still recommended to buy on dips.

Astrology indicates that Gold, Silver & Crude Oil can see a bearish tone after 11.30 hrs (IST). This bearish tone can continue till evening.

But from 22^nd August onwards, recovery from lower level is possible. Once again, we are strictly mentioning ‘BUY ON DIPS!’.

A big up move is forecasted for 23^rd August.

According to financial astrology, next week is very bullish for Gold, Silver, Copper & other base metals. So our basic strategy is to keep buying on dips.

 

S&P- Highly volatile. Some weakness is indicated. But don’t worry. It’ll go up so buy on dips again with keeping in mind the lower level as 1405. Our target for S&P in short term is 1445 and above.

———–Predictions that was correct——

Our target for Gold (1611-1624) & Silver (28.05-28.60) & Crude Oil (96.50-95.00) & EUR/USD( 1.2370-1.2295) were successfully achieved. This again remarks the quality effort that we put in for preparing this report.

 

 

 

 

 

Trading Range for Global Cues (on 21^st August 2012):

GOLD: 1625-1610 and below (BUY ON DIPS / SELL ON RISE)

SILVER: 28.80-28.40-28.20 and below

CRUDE OIL: 96.50-95-94.50

S&P 500: 1418-1408

COPPER: 341-333

EUR/USD: 1.2390-1.2300-1.2280

DOLLAR INDEX: 82.45-82.80

USD/INR: 55.50-56.00

ALERT: Platinum, Corn, Sugar, Soya-bean, Mustard, Cotton, Rice – volatile to bullish in short term.

(Updated on 21st August 2012 at 12.03 AM – IST – Indore, India)