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Currency and Gold for 5th June 2014
PRECIOUS METALS
Today, bullion is expected to move in positive direction especially after ECB announcement.
TRADING RANGE:
– GOLD : 1,240-1,260
– SILVER:18.60-19.10
CURRENCIES
EURO
EUR/USD shall go upside after ECB announcement.
Buy EUR/USD at lower level or before ECB announcement.
INDIAN RUPEE (USD/INR)
Hold USD/INR(SPOT) with stop loss 58.80 for target 60.00.
DOLLAR INDEX
Sell dollar index on rise.
However from next day, dollar index shall turn positive.
TRADING RANGE:
– EUR/USD: 1.3580-1.3680+
-USD/INR(SPOT): 59.00-59.50
-DOLLAR INDEX: 80.70-80.45
One response to “Currency and Gold for 5th June 2014”
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Hello, sir.
In late May You wrote about a sharp fall in global stocks after 6th of June. Do You still see that coming? And will it come soon if it comes?
Many regards,
Jeanette
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.
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