Gold Oulook

Gold giving huge swings which could be an earning opportunity also, presently trading at 1625 , it is standing in a middle of the current swing position which could either move to 1500 and also 1800 , the trading range has increased from 1400 to 1900 Range.Short term target would be 1510 1520 1530 and a rebound from ther would take it to 1710 1720 1730. Till then happy investing...........

Gold Targets Achived

Gold Targets ACHIVED as per our last post ...1710

Gold

Gold made a recovery from low and trading currently trading at 1825 , it looks like any rise from here to 1840 1850 1860 could face resistance and may see selling pressure building up at these levels , which could bring or pull back gold to a certain low of 1720 1710 1700 levels.

Gold Outlook 16 9 2011

Gold seems to have broken the 1800 levels , so a dip upto 1725 1720 1715 in sight.Huge volotilty in cards , seems that the Rally might have come to an end.

Silver Outlook

Silver has been trading in a range of $ 39 to $ 42 area , it has consolidated for quite a few days , we can see a break in silver in moving in the uptrend till $ 44 45 46 Range , so any dip at current can be a buying opportunity and selling at the above levels ,could see selling presure at 46 levels.Till then Happy Silver Trading or just watch the ride and enjoy.

Sensex Outlook

Sensex saw a hugh fall todays on news of IIP data and Greece news, Sensex also seen or trying to make a new bootom , so long term investors should enter at this point and start buying on each and every dip , this condition will carry on for say about a period of 4 to 6 months before we can see a rally , well its an opportunity for investors as lots of good stocks are trading below their value ,

Gold Outlook

Gold has achived all our targets till now and has shown great amount of volotility , it has made huge climbs and also big falls , if you read our old post we had mentioned that gold would trade in the range of 1700 to 1900 area , which has done several times . Currently Gold seem to have exhasted and could enter a stable phase and trade between the range 1825 to 1875 areas.