Stock Markets Around the globe

Any time today, a sharp correction may be seen. This correction shall last till Tuesday.

From Tuesday’s US opening, market shall take a U turn and remain positive till 12^th August 2014.

For details, please wait for next weekly newsletter.

Hold short position in S&P500 SEPT FUT with stop loss 1,992 for target 1,965-1,945.

PRECIOUS METALS

Bullion as expected had a sharp correction on 24^th June 2014 (as mentioned in the weekly newsletter), especially around US hours. Gold made a low of 1,288 while Silver made a low of 20.31.

Today, market shall recover after US opening.

On Monday again, a correction is seen.

Positional traders should buy 50% position here and if it comes up today, book profit at higher level and buy back at Monday’s correction.

Somewhat weak trend may continue till 29^th July 2014.

Gold can go down to 1,265 while Silver can go down to 19.80 by Tuesday.

You are advised to enter in 100% long position there.

From 30^th July 2014, a bull trend shall be observed, which shall continue till 26^th August 2014.

This low wouldn’t be seen throughout the year 2014.

Till 25^th August 2014, one side positive move shall be seen.

And then, a correction would be seen; followed by another one-way bull run, which will last till December 2014.

We expect SILVER to touch $30/Oz & Gold to touch $1570/Oz by 25^th August 2014.

The month of August has in store big moves for bullion.

Wait for next weekly newsletter for further details (PLEASE NOTE THAT IT WILL BE EXCLUSIVE FOR OUR MEMBERS AND WON’T BE OPENED UP ON THE WEBSITE FOR FREE!). Under next weekly newsletter, we will give a crystal clear idea using graphs and illustrations to explain our view.