Friday, January 23, 2015

Metals - Commodity


Metals Definitely not bottomed out....

So...going long in metals not ideally good idea at this stage....

Take Care....

Use weekly level....all metals validated top weekly level...so...careful....

Gold - Knowledge Sharing


Gold in 2012 September initiated Correction based on Monthly closing basis level.....

Almost after 3 years....now Monthly closing is almost going to change the direction....

Let us wait for this month end closing....

This above nos are gold International ETF based nos....this will give first indication of  Gold...


Gold


Gold looks target higher side...before any upmove......wait for correction to enter long trade in Gold..

Because....now if you enter long at CMP - 27994....your s/l is 27528.....

If it comes near 27500...and reverse enter long with next level s/l....otherwise just sit quite....

So...i feel wait for clear trend....now just relax..no trade...

Crude - Follow up


  Crude As said yesterday EOD close was 2884 (well below 2889).

  Again bears are having control over Crude.

  But..always keep trailing stoploss and run the position.

  Don't give the profit back to market.








 First target 2824 achieved....if close below 2824  again next target...check our level..