Trend Reversal as Said for Bullion

PRECIOUS METALS:

  • As said in last day’s newsletter, trend reversal was observed in bullion. For today as well, market shall be positive.
  • After 21.30-22.00 HRS (IST), if bullion experiences correction then you should be careful. You can cut your long position in that case.
  • However, from next week, bullion shall have an upward rally, which shall continue till 1st week of November 2013. In this time frame, Gold can cross 1,420 while Silver can cross 25.00.
  • The low made day before yesterday (1,282 -GOLD & 20.55 -SILVER) shouldn’t be breached.

Our clients in MCX have long position in silver (@46,900) and gold (@28,900) and Crude (@6,370).

When should profit be booked?

 

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rajeev prakash financial astrology

Mr. Rajeev Prakash

Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.