QE3 Announced as predicted, what to happen next in bullion

We had already indicated that QE 3 would be given.

This prediction was made on Sunday (9^th September 2012).

Go to: Prediction Link

We had also written that ‘Bullion, Stocks, Copper, Base Metals , EUR/USD – all of them will make high’.

14^th September 2012:

Today, all global stock indices and precious metals & base metals will have positive opening (in Asia).

The trend is expected to be volatile to positive.

But in late evening, especially after 17.30 HRS (IST), profit booking can come any time, which shall continue till late night.

But, next week is again volatile to bullish (especially from 18^th – 19^th September 2012).

BUY ON DIPS

Investors should book profit before evening of 14^th September 2012.

And before closing of intl. market, BUY 50% positional and buy rest 50% in Bullion & Stocks next week.

Target for S&P in coming days: 1500

Target for EUR/USD is 1.3100
We request our Indian viewers to book profit in long positions before evening session.

Again buy small quantity on Saturday. And for next buying opportunity, please refer to the weekly newsletter which be uploaded on Sunday / Monday.

Target for Nifty is 5550-5600 in coming days

Base metals will also be positive for the coming days.

TRADING RANGE:

• ·         DOW (FUTURE): 13,440-13,550
• ·         NASDAQ (FUTURE): 2,820-2,855
• S&P 500 (FUTURE): 1445-1475
• NIFTY (SPOT):5420-5480-5520
• GOLD : 1754-1775 AND ABOVE
• SILVER: 33.80-34.90-35.50 AND ABOVE
• COPPER:  368-378 AND ABOVE
• NATURAL GAS: 2.92-3.20
• CRUDE OIL:96.50-98.50 AND ABOVE
• EUR/USD: 1.2948-1.3020-1.3050
• USD/INR (SPOT): 55.40-54.90
• DOLLAR INDEX: 79.50-79.05

AGAIN, KEEP ALERT AFTER EVENING…

SHARP PROFIT BOOKING IS POSSIBLE IN STOCKS AND PRECIOUS, BASE METALS IN LATE EVENING.

Also note that from Monday onwards, we’ll be providing the trading range in INR equivalent as well (for Bullion and other base metals and oil).

(Report Generated at 00.50 HRS IST- 14 September 2012- INDORE, INDIA)

Please note that this is an indicative report only and not live trading calls. Our specialty is ‘LIVE TRADING CALLS’. Kindly contact us if you want to add the advantage of ‘financial astrology’ to your portfolio.