GOLD CALL 30.11.2012

IF GOLD NOT BREAK

GOLD 30700

THEN GOLD 32500-33000-33500-34050 

(NEAL BHAI 9999974733)

GOLD NEWS UPDATES 28.11.2012

GOLD NEWS UPDATES 28.11.2012:- SINGAPORE: Gold edged lower on Wednesday, extending its losses to a third day, as the euphoria over a Greek debt deal fizzled and investors shifted their focus to U.S. negotiations to avert a looming fiscal disaster in the world's largest economy.

But gold's appeal as a refuge from uncertain economic conditions remained intact as indicated by the holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, which rose to a record high.

U.S. lawmakers resumed talks on how to avoid $600 billion worth of tax hikes and spending cuts that are due to kick off in early 2013, but progress has been slow.

The threat of the U.S. economy slipping off the fiscal cliff may keep gold prices supported, but the strength in the dollar - a more popular safe haven - is likely to put a cap on gains.

The dollar index rebounded from a 3-1/2-week low hit in the previous session, supported by worries about a lingering euro zone debt crisis and decent economic data from the United States.

"We may see gold consolidate or correct a bit in the short term as the market lacks incentives after the Greek deal, while the dollar appears supported," said Li Ning, an analyst at Shanghai CIFCO Futures.

There is not much room on the downside, and prices are firmly supported by the 20-day moving average at about $1,724 an ounce, she added.

Reuters market analyst Wang Tao expected spot gold to retrace to $1,722 during the day, as it may have peaked on its rebound from the Nov. 5 low of $1,672.24.

Spot gold inched down 0.3 percent to $1,737.14 an ounce by 0626 GMT.

U.S. gold also lost 0.3 percent, to $1,737.60.

SPDR HOLDINGS HIT RECORD HIGH; ISHARES SILVER TRUST STAGNANT 

Holdings of SPDR Gold Trust rose to a record high of 1,345.813 tonnes on Nov. 27, while iShares Silver Trust, the world's largest silver ETF, saw its holdings remain near a two-month low of 9,818.07 tonnes.

In contrast to the stagnant holdings in the silver ETF, spot silver rose to $34.26 an ounce on Tuesday, its loftiest level since mid-October, before easing to $33.82 but still leading the year-to-date performance in the precious metals complex with a 22-percent rise.

Silver is notorious for its volatility. The metal burned the fingers of many investors last year during its surge to a historical high and a subsequent tumble that saw prices fall more than a third within 10 trading days.

"I'm less sanguine about silver, as lots of mine supply is coming on line and silver doesn't have the same safe-haven status as gold," said a Sydney-based trader. (NEAL BHAI 9999974733)

WATCH SILVER BLAST UPDATES 26.11.2012

                      WATCH MY SILVER REPORT DATED 25.11.2012

                    MCX SILVER :- HIT 1ST TARGET ALMOST

                 HIGH 64142.00 MY TARGET IS 64180.00 

       SILVER BOLE BOOM BOOM BOOM

WATCH SILVER BLAST

            

      I WANT SILVER 65080     TILL DATED 05 DEC 2012

GOLD NEWS UPDATES 26.11.2012

GOLD NEWS UPDATES 26.11.2012:- Gold prices are expected to remain firm in the weeks ahead and stay in the Rs 33,500-35 ,000 range by the end of the year, analysts said. The yellow metal, which remained near an all time record high of Rs 32,850 in the capital on Saturday, is expected to surge further, they said.

On Saturday, the precious metal gained Rs 290 in the capital to touch Rs 32,850. In Mumbai , gold closed at Rs 32,340. Silver also increased by Rs 770 a kg to close at Rs 63,960. In the international market, the yellow metal increased by 1.34% to touch $1,751.4 an ounce. Analysts say while prices in the international markets moderated compared to last year, domestic prices have continued to increase due to the depreciating Indian currency. On Friday, the rupee stood at 55.52 to a dollar. Experts say the rupee's slide has led to an over 15% increase in the domestic price of gold in the past one year.

"What we are seeing is a consolidation in the price of gold. There is a positive momentum after the US Federal Reserve decided to trigger the third quantitative easing for economic recovery. In a couple of weeks, prices should touch Rs 33,500," said Gnanasekhar Thiagarajan, director, Commtrendz Research, an advisory firm.

The increase in price in the last few months has also been fuelled by the demand for the yellow metal from central banks across the globe as they diversified their assets. In addition, the uncertainty in the Eurozone and West Asia added to the momentum, as did rising demand from people opting for a "safe haven" investment in the form of the yellow metal.

"One of the main reasons for the rise in prices is the rupee depreciation. The trend is likely to continue in the near term," said Jayant Manglik, president (retail distribution), Religare Securities. Analysts, however, say the firming up of prices cannot be termed as a comeback for the yellow metal. Even as prices are expected to continue to increase in the short term, experts say the rate of increase will be slower.

"Rate of increase in price of gold is expected to come down to 10-12 % in the next one year as against the 15% we saw last year. The increase is primarily rupee driven," said Bhargava Vaidya, proprietor at Mumbaibased B N Vaidya & Associates, referring to the price outlook in the domestic market.

Even as gold prices internationally have declined from around $1,921 an ounce last October-November to $1,751.4 an ounce currently, it is the depreciation in the Indian currency that has led to a significant increase in domestic prices. With the growth expectations of the economy still subdued, experts say that the Indian currency may not appreciate considerably anytime soon.

After the marriage season concludes, experts say demand for gold jewellery is likely to witness a dip. "People are losing faith in the currency, so they are opting for gold now. But there is also a liquidity crunch in every sector today. We expect the demand to remain very poor," Bombay Bullion Association president Prithviraj Kothari said. Gold prices may even touch Rs 35,000 by year end, he added.



'Demat gold to arrest rising demand'
PUNE: RBI deputy governor Subir Gokarn on Sunday said there is a need to "dematerialize" gold like any other financial product to reduce its physical imports, the rise of which has been blamed for the high current account deficit that is feared to touch a new record high this year. "It (high gold imports) is creating some macroeconomic stresses, and so the challenge is to find ways to replicate the financial characteristics of gold without necessarily causing physically importing," Gokarn said on the last day of the two-day annual Bancon here. The current account deficit or CAD has been rising on the back of record trade deficits, which in October jumped to a 12-year high of $21 billion on the back of rising oil and gold imports. AGENCIES  

SILVER UPDATES 25.11.2012

                     MCX SILVER :- ABOVE 61550

            SILVER EXPECTED RANGE -64180-65080 

                        TILL DATED 05 DEC 2012

                          

                          NEAL BHAI 9999974733

MCX GOLD REPORT 25.11.2012

MCX GOLD:- IF NOT BREAK 31550 LEVEL

GOLD EXPECTED RANGE 31750-32750

NEAL BHAI 9999974733

SILVER UPDATE 23.11.2012

Comex Silver :Three Consecutive Close above 33.318 +Weekly Close will take to 34.35-34.65 level !!

MCX SILVER :Three Consecutive close above 62082 level +Weekly Close will take to 63645—64263 level !!

UPDATE 23.11.2012

WATCH SILVER BLAST AFTER MY SILVER BUY CALL BOOM BOOM

I WANT SILVER 64000-65000 TILL 5 DEC 

BOOM BOOM BOOM BOOM BOOM BOOM

NEAL BHAI 9999974733

NATURAL GASS CALL

NATURAL GAS  - Above 200 level ,

Our Target intact Rs.223———————231 

Level in Coming Days !!

190 is ROCK Support 

NEAL BHAI 9999974733

CRUDE CALL UPDATE 22.11.2012

Below 4828 ……………………………………????

Slide upto 4765————4740 on card ?? 



NEAL BHAI  9999974733

SILVER CALL UPDATES 22.11.2012

Comex Silver :Three Consecutive Close above 33.318 +Weekly Close will take to 34.35-34.65 level !!

MCX SILVER :Three Consecutive close above 62082 level +Weekly Close will take to 63645—64263 level !!

NEAL BHAI 9999974733

Five Market Scenarios

1. Bad Markets – A good pattern won’t bail you out of a bad market, so move to the sidelines when conflict and indecision take hold of the tape. Your long-term survival depends on effective trade management. The bottom line: don’t trade when you can’t measure your risk, and stand aside when you can’t find your edge.
2. Bad Timing – It’s easy to be right but still lose money. Financial instruments are forced to negotiate a minefield of conflicting trends, each dependent on different time frames. Your positions need to align with the majority of these cycles in order to capture the profits visualized in your trade analysis.
3. Bad Trades – There are a lot of stinkers out there, vying for your attention, so look for perfect convergence before risking capital on a questionable play, and then get out at the first sign of danger. It’s easy to go brain dead and step into a weak-handed position that makes absolutely no sense, whether it moves in your favor or not. The bottom line: it’s never too late to get out of a stupid trade.
4. Bad Stops – Poor stops will shake you out of good positions. Stops do their best work when placed outside the market noise, while keeping risk to a minimum. Many traders believe professionals hit their stops because they have inside knowledge, but the truth is less mysterious. Most of us stick them in the same old places.
5. Bad Action – Modern markets try to burn everyone before they launch definable trends. These shakeouts occur because most traders play popular strategies that have been deconstructed by market professionals. In a sense, the buy and sell signals found in TA books are turned against the naïve folks using them.

GOLD UPDATES 21.11.2012

Just Watch level $ 1734—————-1742 

Yes Above 1742 Market Rocket,,, Market Boom Boom. Crossover and close above this level for 2 Consecutive days will take to 1768-1775-1800 level.

Will Update More to our Subscribers ,Yes already updated about MCX Gold to Susbcribers 

NEAL BHAI:- 9999974733

GOLD 19.11.2012 TO 23.11.2012

Gold December as seen in the weekly chart above has opened at 31,652 levels initially moved sharply higher, but found very good resistance at 31,937 levels. Later prices fell sharply towards 31,297 levels and finally  closed unchanged from the previous weeks closing levels.

For the next week we expect gold prices to find Support at 31,320 – 31,290 levels and further below strong support is seen at 30985-30955 levels. Trading consistently below 30,940 levels would trigger sharp correction initially towards 30,827 then 30,656 and then finally towards the major support at 30,428 levels.

Resistance is  observed in the range of 31,880-31,930 levels. Trading consistently above 31950 levels would renew the previous week’s rally initially towards 32,095 levels, then 32,265 and then finally towards the Major resistance at 32,526 levels. (NEAL BHAI)

SILVER 19.11.2012 TO 23.11.2012

MCX Silver December as seen in the weekly chart above has opened at 60,900 levels initially moved sharply higher, but found resistance at 61,585 levels. Later prices fell sharply towards 60,335 levels, and finally closed marginally lower from the previous weeks closing levels.

For the next week we expect Silver prices to find support in the range of 60,300-60,250 levels. Trading consistently below 60,230 levels would trigger sharp correction initially towards the strong support at 59,700 levels and then finally towards the major support at 58,271 levels.

Resistance is now observed in the range of 61,240-61,300 levels. Trading consistently above 61,320 levels would renew the previous week’s rally initially towards 61,650 levels, then 61,960 levels and then finally towards the major Resistance at 62,190 levels.  (NEAL BHAI 9999974733)

COPPER 19.11.2012 TO 23.11.2012

MCX Copper November as seen in the weekly chart above has opened at 416 levels initially made a low of 415.40 and then moved sharply higher towards 423.50 levels and finally closed sharply higher from the previous weeks closing levels.

For the next week we expect Copper prices to find support in the range of 420-419 levels and then strong support is seen at 417-415 levels. Trading consistently below 415 levels would trigger sharp correction initially towards the strong support at 412.35, and then finally towards the major support at 405.70 levels.

Resistance is now observed in the range of 425-426 levels. Trading consistently above 427 levels would lead towards the strong resistance at 432 levels and then finally towards the major resistance at 435 levels. Multiple closing above 435 levels would open the door for a new leg up initially towards 442 levels, then 445 and then finally towards 449. (NEAL BHAI 9999974733)

CRUDE OIL 19.11.2012 TO 23.11.2012

MCX Crude December as seen in the weekly chart above has opened at 4767 levels initially moved lower, but found good support at 4715 levels. Later prices rallied sharply towards 4854 and finally closed sharply higher from the previous weeks closing levels.

For the next week we expect Crude prices to find support at 4805-4790 levels and then strong support is seen at 4755-4735 levels. Trading consistently below 4730 levels would trigger correction initially towards 4678 then 4632 and then finally towards the major support at 4570 levels.

Resistance is now observed in the range of 4895-4915 levels. Trading consistently above 4925 levels would lead towards the strong resistance at 4950 levels, then 4984 and then finally towards the Major resistance at 5042 levels.   (NEAL BHAI 9999974733)

SILVER CALL 16.11.2012 NEAL BHAI 9999974733

SILVER BUY BUY BUY EVERY DIP TARGET 61500-62000-63000-63500-64000-64500-65000-65500 TILL DATED 5 DEC 2012 (NEAL BHAI)

GOLD CALL 16.11.2012 NEAL BHAI 9999974733

GOLD BUY BUY BUY EVERY DIP TARGET 31750-31950-32050-32250-32550 TILL DATED 5 DEC 2012 (NEAL BHAI)

 

GOLD UPDATES (NEAL BHAI)

BUY MCX GOLD Dec between 31350, SL - 30900, Target - 31550-31750-31950-32050-32250-32550-32750 TILL 05.DEC (NEAL BHAI)

SILVER 15.11.2012

BUY MCX SILVER Dec between 60750, SL - 59800, Target - 61900 / 62000 / 63000/ 64000/ 65000/ 68000/ 70000 TILL 05.DEC (NEAL BHAI)