Thursday, September 29, 2011
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...........
Friday, September 23, 2011
Monday, September 19, 2011
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.
Thursday, September 15, 2011
Tuesday, September 13, 2011
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.
Monday, September 12, 2011
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 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.