Have a small indicators about Gold

Name	Value	Action
RSI(14)	46.456	Neutral
STOCH(9,6)	69.704	Buy
STOCHRSI(14)	91.046	Overbought
MACD(12,26)	-7.8045	Sell
ADX(14)	37.656	Sell

Name	Value	Action
CCI(14)	54.4949	Buy
ATR(14)	12.5357	Less Volatility
ROC	-1.401	Sell

Bullions ultimate anlysis for long term

. Besides the operation "Twist" that came to light on Friday the main reason for the sell-off are the new margin hikes in gold, silver and copper. Seems that as early as on Thursday some knew more already…

On Friday silver slipped into the red on yearly basis, gold has still got a breathing space until 1420 before it would be quoted at the year’s starting price. So, just theoretically there`s a risk for gold to slip under 1400. A little lead on that: If gold falls down to 1100$ – that’s at the latest when you should start to buy physically, for those are the actual production costs…

In the global meltdown when every asset class is going by the board we’ll have to concentrate upon the long-term charts. That’s where we’ll find the most clues when the buyers might think of re-entering into the market at discount prices. And they will – in gold and silver.

At the following support marks you will always have to buy gold and silver physically as well - in order to escape the long-term inflation which is going to last for years. Protect your money buying physical metal at these bargain prices!!

I think that in this downwards move gold wants to head  support . It is lying at 1525 for September. It’s not impossible that it will be reached within one or two more crash days. It’s true that on Friday gold produced a low at first at the monthly support , but many things are possible during the crashes. The most important support is given by the 1611. A daily or an 8 hour close below would be supposed to facilitate the 1525 rapidly. Gold can’t find its bottom before either diving into 1511$ or at least touching the upper line 1621. At least that would mean a still lower low.

that the 1525 might become an important target. 

Silver is a disaster for any trader. . And it wouldn’t be serious to say where the decline is going to end. In the case of gold I’m pretty positive where we’ll be able to enter without a risk.

But silver may land again in a two digit minus even though gold closes in a plus the same day.

The first buying point for physical silver – and for a speculative long-trade is lying in the area

from 28.50.  so I’d say that everything between 28.50 until 27.50 will be the area for a physical purchase.  Because of logic this buying area should perfectly fit with the 1525 gold buying area. There’s the risk that a decline to 19$ would have to follow if the 28.5-27.5 break. But at the moment I don’t see that threat, because it would really mean that gold should be quoted near its production price of 1100$. In the tense currency situation that is actually not possible. – But just in case it is – it would mean the world has become that crude, so we’ll have to exchange house and home for gold and silver.

Bullions (Gold )

ACTION ITEMS:

Bullish:
Investors who believe that gold still has room to the upside might want to consider the following trades:

Manage your risk. There is no doubt that gold has rewarded investors will great returns, however, no one ever went broke taking a profit. Taking a bit off of the table at current levels to lock in gains is a prudent idea. Should gold break above $1876(i.e Breaking above 5EMA) again on EOD basis, that would be a great time to reenter, as a push to $2000 would appear likely.

Bearish:

Investors who believe that today’s action is a precursor to a large downside move in gold prices may consider these alternate positions:

At such high levels, the risk has transferred squarely to the bulls. Getting short a large position here with a minimum target price of $1700 leves with $1900 as EOD stop loss and a stop out above the all time high of $1923.70 provides for a fantastic risk/reward ratio.

Nifty ??

Last Expiry week  i mentioned nifty trgts level wise and finaly i mentioned last trgt will around 5180 and see nifty recent high and see the cmp 4928
 i clearly mentioned nifty resistance is near 5180-5210 and support 4840

Bullions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1

Whatever the volatile with gold and silver i am expecting gold will reach $2009 before expiry and silver will reach around $47  and very first trgt is 45.8$.... ????


What about nifty ????

Nifty has turbed bullish  ?????

Reliance and SBIN is it right time to buy at current levels ...?????


Banknifty is still in under pressure ??????

WANT KNOW LEVELS FOR ALL THESE  ???


WATCH OUT THIS SPACE ...

Global Update

Commodity Alert :

US President Barack Obama announced a stimulus package of $447 billion in order to boost job growth. Impact: - Positive for Base Metals & Crude oil, Negative for Gold.

Equity ??????

As i mentioned last month Reliance reached my trgt 690 and SBIN made low 1866 and trgt was 1850 and i told buy around 1900 and hold for long term trgt will be 2050/2130/2225  and long term peceptive trgt will around 3200

See the cmp levels re;iance is 825 and sbin is 2025 levels


What do u feel still market is in bearish zone ?????


Where Nifty is heading ???

Bullions ?????

As i mentioned in last week silver and gold  highest volatility we find  and what will be the next coming days moment is these metals continue its corrections ?????




Watch out this space  ????

Market update

as i told in the last week abt nifty  and gold its trading our levels nifty 4990 level abv and gold 28500 abv  and silvetr 66150 level

click here