Saturday, 28 February 2015

Gold ABOVE 26525 may go till 26680-26770-26850 levels.....It may pull back from these levels and continue downwards mostly till 25500-25148.....

Those who are holding sell positions may keep it WITH SL 26525 OR add more sell positions at these levels with SL above 26871....or may sell at 26700 after pull back with SL of high of that day....

OR Buy above 26525 for TGT 26600-26680-26770-26850.....keep booking profits at these levels as GOLD below 26870 is bearish........and can reverse from any of these levels

It will be interesting to see till what level the bounce back goes....

But IF GOLD SURVIVE ABOVE 26870 ON WEEKLY CLOSING BASIS THEN DOUBLE BUY (HEDGE) AND THEN WE CAN SAY THE DOWN TREND IS OVER AND UPTREND WILL CONTINUE TILL 29000+ LEVELS

For any doubts call for free advice

Gold and Silver Hold Sell positions with SL already suggested before many times.....

If crude Hold above 3010 then stay long with SL below 3000 ....but if break 3000 then go for short side

We can see nice bounce back in all base metals from tomorrow.......

Copper is heading for our Target 375 ....buy was given at 355


Wednesday, 25 February 2015

Tuesday, 24 February 2015

Sell Gold at 26160-26180....SL??? TGT 25950 and more down...

Keep sell on rise in bullion....for TGT and Sl plz callll

Sunday, 22 February 2015

Gold and Silver will remain bullish for short term and can continue down trend again......

Gold and Silver have not yet bottomed out....

Gold may test 26600+ levels and reverse for there again for TGT 25900-25800-25500 levels...We may see a nice reversal to continue uptrend from any of these levels....So trade with strict SL and keep booking small profits......

Long term traders can use the above mentioned levels to buy again....

Monday, 16 February 2015

GOLD OUTLOOK 16 - 20 FEB 2015


Gold and silver may remain range bound for some more weeks / months.....

Gold above 26900 will head for TGT between 27300-27700-28000.....Stay long above 26900....GOLD MAY BE VERY BEARISH BELOW 26300 AND CAN GO TILL 25500 LEVELS.....WE MAY SEE DOWN TREND CONTINUE FROM 26850-26870 LEVELS FOR FINAL TGT 25500..
 

Silver above 38700 is bullish and may go  for TGT between 39200-39300 or more..... 
SILVER MAY reverse down from 38500-38700 and CAN BE VERY BEARISH BELOW 36700 AND MAY GO TILL 34000-33900....we may see reversal to up trend from these levels....


Saturday, 14 February 2015

Crude and NG overview 16 Feb - 20 Feb 2015

Crude : Buy on dips near 3145-3150 SL below 3130 TGT 1 - 3467, then hold for TGT 2 - 3550-3575 or after 3467 if drop near 3300 buy for TGT 2 - 3550

NG :  Stay short below 175......Buy above 176 for TGT 1 - 184.50  then 193-197......Or buy near 167-170 SL below 166....for TGT 1 - 184.50  then 193-197-2XX....

Friday, 13 February 2015

Exit Gold at 26660......Today Gold may be range bound....If Trade above 27800 then buy or stay short....

Buy gold and silver on dips....

Sell NG on Rise....

Thursday, 12 February 2015

Gold : 12 Feb 2015

Buy gold above 26720 for TGT near 27000+

Monday, 9 February 2015

Sunday, 8 February 2015

About Gold and Silver: 8 Feb 2015

Gold and silver have tested the support on Friday and recovered to 23% and closed below 23%.....

This has a reason that it may fall again.....

But there is another possibility to think too.....

Those who have bought on Friday should see immediate target as 27040-27170....If Gold fail to trade above 27175 for 1 hr and show a reversal candle pattern then be ready for another drop....which may be final drop and then we may see gold continue to up trend....Long term trend still remains bullish....

Gold should quickly surge to 27500+ levels from 27170 level to make it bullish again....

So my advice will be to book all buying positions at 27040-27170 and wait to see where the market is heading.....

Friday, 6 February 2015

Gold and Silver Alert.....

Long term Investors : It is good levels to buy again....keep buying.....from 11.25PM onwards


Updated 8 Feb 2015

As mentioned earlier last week Gold and Silver had made a fall....but it has not recovered from the drop in last session as expected....so my view is still on selling side......

Long term investors : Those who have bought yesterday should quickly book their positions on monday morning....or keep SL at yesterday's low.....There is chance of continuation of up trend but I will wait till Monday closing.....capacity traders can keep buying on every dips for much upside targets as mentioned in my previous posts

There is a possibility of another drop coming in next week.......more depends on Monday closing though.....

 If Friday's low is broken then......

Gold may drop till 26585-26450 and then if sustain below 26300 then 26024- 25750-25410 levels during next week or 2 weeks...

Silver may drop till 35800-35695 and if sustain below 35695 then may be 33810-33254..... 

Base metals had shown nice up movement as expected but failed to achieve targets.....there will be drop in base metals too .....base metals also may drop and test previous lows.....

Small traders are advised to wait/stay away till Monday closing and then decide the trade......

However there is also a chance that all commodities will continue up trend but I will wait till monday closing.....capacity traders can keep buying on every dips for much upside targets as mentioned in my previous posts

Call for free advise....

Gold and Silver :

Stay on buy side above Gold : 27200 and Silver : 37400....if these levels are broken then only sell ....

Below above levels TGT Gold 26900, 26600
Silver : 37000, 36300

Crude updates has been e-mailed with charts to paid customers only....


Thursday, 5 February 2015

Those who bought crude at 2950 today ....hold for TGT 3300

Exit crude at 3077......Again bought at 3056....we will close this at the end of the day....dont carry it

Today buy crude near 2950 for TGT 3055 and 3145....Book partial profit at 3055


Gold and Silver Overview - 5 Feb 2015

Gold and silver - Market is very volatile and we have seen both side movements. Both are moving in sideways from past few days and has failed to break previous highs....

There is a possibility of big drop coming in 2 days......

Long term traders can add more buy positions on these drops....Long term trend is still positive as said earlier.....but retracements are unavoidable....so don't Panic

Short term traders can sell on rise with previous high as SL ......SMALL TRADERS SHOULD STAY AWAY OR ENTER THE TRADE UNLESS STRONG MOVEMENT ON EITHER SIDE IS SEEN....

Day traders can keep a strict SL and trade for drop......

Gold may drop from levels near 28000 and silver may drop from level near 39000-39350

Expected drop levels Gold 26600-26500 and Silver 36000 OR more down

Tomorrow ( 5 Feb 2015)- we may see more correction in Crude till 2928......


Wednesday, 4 February 2015

Today sell crude on rise


Gold and Silver Alert

We have seen Gold not breaking 27847....and dropped past 27400 mark...
Short term traders can sell on rise with SL  above 27900 for TGT 27200, 26800...

Similarly silver sell only below 37500

Day traders may  wait till US opens...

Tuesday, 3 February 2015

Gold and Silver View

Keep buying on dips .....Both are expected to move side ways till Tuesday....we may see up movement in both on wednesday....

Below 37500 Silver may go till 36800 or more
Below 27400 Gold may go till 27200 or more

TRADE WITH STRICT STOPLOSS....

Longterm view is still bullish...

Sunday, 1 February 2015

Base metals & Energy

              FOR BASE METALS READ FOLLOWING LINK.....
                            ALL BASE METALS HAVE REVERSED ALREADY.....BUY ON DIPS....READ
                            SL IS PROVIDED IN THE LINK

http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html

Copper: Copper has formed double bottom on daily chart at 340 level....keep buying above 340 and stay long ....we may see 375-393 soon....

Long term investors above 340 stay long for TGT 540+

Lead: Stay long above 111....or keep buying below 111.....TGT 126+....

Long term investors keep long positions for TGT 133,144, 175+...

Aluminium: Stay long above 112 level for TGT 118....If Aluminium is sustained above 112 during next week then we may see new highs in coming months.....

Below 112 we may see aluminium retesting 107 level again and forming double bottom which is again reversal sign....

Long term investors may hold their long positions for coming months....

Zinc: Stay long above 127.....keep buying on rise above 127....TGT 139+....

Long term investors keep accumulating till 124 with SL below 124 on daily closing basis....for TGT 172+

Crude : Stay long above 2800 for TGT 3120....if sustain 3120 then 3450+....we may see reversal from or near 3470....If 3470 is sustained on weekly closing basis then we may say that crude has reversed and heading to break previous high.....

Below 2800 on daily closing basis can expect TGT near 2550-1700....trade with strict SL.....

But Crude is looking very strong.....and might have reversed and started up trend.....but closing above 3450 will confirm the same....

Ng: We may see sideways moments in NG during this week....sell below 186 and expect TGT 155-154...there will be chances of NG going above 186 .....but when it comes down again, keep selling below 186...