Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.

Translate

Sunday, September 1, 2013

NYMEX - COMEX - GOLD - SILVER WEEKLY TREND & TRADING STRATEGY - 02 SEP 2013

GOLD

Best Buy & sup @ 1406 (Curr Resis) Actual Resis & Best short level @ 1416 a break above 1426 upside target capped @ 1450 - 1460 however a crack below 1396 downside tgt @ 1372 - 1362

Ltp - 1395

Daily Trend : Firm Bearish 

Weekly trend : Indicators facing resistance probable downside from mid week targeting 1334

SILVER 

Best Buy & Sup @ 24 (Curr Resis) Actual Resis & Best Short level @ 24.49 abv 24.98 upside @ 25.82 - 26.24 however a crack below 23.52 downside @ 22.86 - 22.36

Ltp - 23.52

Daily Trend - Strong Bearish 

Weekly trend : Initial trend indicator is bearish trend heading south - tgt 21


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Blog Archive

Popular Posts