Crude Oil 20.06.2012: Buy around 4730 stop loss 4690 target-4760-4790 ranges.
Natural Gas 20.06.2012: Buy above 143.5 stop loss 140 target-147- 149 ranges.
Natural Gas 20.06.2012: Buy above 143.5 stop loss 140 target-147- 149 ranges.
Wednesday, June 20, 2012
GOLD & SILVER 20.06.2012
Gold 20.06.2012:-Sell below 30250 stop loss 30350 target-30180-30050 ranges.
Silver 20.06.2012 Sell below 54500 stop loss 54800 target-54100-53900 ranges.
Silver 20.06.2012 Sell below 54500 stop loss 54800 target-54100-53900 ranges.
Tuesday, June 19, 2012
ALL METAL CALL 19.06.2012
Copper 19.06.2012:- Sell below 418 stop loss 420.50 target- 415-412 ranges.
Zinc 19.06.2012:- Buy above105.60 stop loss 104.80 target-106.3-106.70 ranges.
Lead 19.06.2012:- Sell below 106.30 stop loss 107.10 target- 105.60-105 ranges.
Nickel 19.06.2012:- Sell below 938 stop loss 945 target- 930-925 ranges.
(NEAL BHAI 9999974733)
Zinc 19.06.2012:- Buy above105.60 stop loss 104.80 target-106.3-106.70 ranges.
Lead 19.06.2012:- Sell below 106.30 stop loss 107.10 target- 105.60-105 ranges.
Nickel 19.06.2012:- Sell below 938 stop loss 945 target- 930-925 ranges.
(NEAL BHAI 9999974733)
CRUDE & NATURAL GAS 19.06.2012
Crude Oil 4655.00 4540 4598 4719 4782
Natural Gas 145.10 134.30 139.70 148.60 152.10
Natural Gas 145.10 134.30 139.70 148.60 152.10
GOLD AND SILVER CALL 19.06.2012
Gold 19.06.2012:- Buy around 30250-30300 stop loss 30150 target-30400-30500 ranges.
Silver 19.06.2012:- Buy above 54800 stop loss 54400 target-55300-55700 ranges.
Silver 19.06.2012:- Buy above 54800 stop loss 54400 target-55300-55700 ranges.
GOLD UPDATES 19.06.2012:- Gold eked out a small gain on Monday as lingering
uncertainty over the euro zone debt crisis following
Greece's elections and a policy meeting by the U.S.
Federal Reserve lifted bullion from its early losses.
• Safe-haven bids boosted gold as G20 leaders
pressed Europe to do whatever it takes to combat
Europe's crisis after a victory for pro-bailout parties
in a Greek vote reduced the chances of a euro
breakup but failed to calm financial markets,
• Global equities markets' relief at the Greek vote was
offset by worries over its unresolved problems, the
lack of a clear plan for the euro zone as a whole, and
uncertainty over a meeting of Group of 20 world
leaders this week.
• Physical gold bullion demand, which has weighed
down on prices of the metal, was weak in top gold
consumer India, and it is likely to remain sluggish in
coming months due to the lack of weddings and
festivals during the wet season. (NEAL BHAI 9999974733)
uncertainty over the euro zone debt crisis following
Greece's elections and a policy meeting by the U.S.
Federal Reserve lifted bullion from its early losses.
• Safe-haven bids boosted gold as G20 leaders
pressed Europe to do whatever it takes to combat
Europe's crisis after a victory for pro-bailout parties
in a Greek vote reduced the chances of a euro
breakup but failed to calm financial markets,
• Global equities markets' relief at the Greek vote was
offset by worries over its unresolved problems, the
lack of a clear plan for the euro zone as a whole, and
uncertainty over a meeting of Group of 20 world
leaders this week.
• Physical gold bullion demand, which has weighed
down on prices of the metal, was weak in top gold
consumer India, and it is likely to remain sluggish in
coming months due to the lack of weddings and
festivals during the wet season. (NEAL BHAI 9999974733)
Monday, June 18, 2012
GOLD UPDATES 18.06.2012 (NEAL BHAI 9999974733)
GOLD UPDATES 18.06.2012:- LONDON: Gold traders are bullish for a fourth consecutive week after hedge funds added to bets that prices will rally, exchange-traded products backed by the metal expanded and Europe's debt crisis roiled markets.
Twenty-four analysts surveyed by Bloomberg said they expect gold to gain this week and six were bearish. A further three were neutral. Speculators boosted net-long positions by 27% in the week ended June 5, the latest Commodity Futures Trading Commission data show. ETP holdings rose 21.07 tonne valued at $1.03 billion since the start of June, halting a three-month retreat, according to data compiled by Bloomberg.
Greek voters returned to the polls June 17 after last month's elections failed to produce a government, increasing concern the 17-nation euro would fracture.
Almost $5.7 trillion was wiped off the value of global equities since the end of March on signs of slowing growth, spurring speculation that policymakers will do more to shore up economies. Gold rose about 70% as the Federal Reserve bought $2.3 trillion of debt in two rounds of quantitative easing, or QE, ending in June 2011.
"Whatever the outcome in Europe, it will likely be supportive for gold," said Neil Gregson, who manages about $6.9 billion of natural-resources equities at JPMorgan Asset Management in London. "We've still got the possibility of QE3 in the US, which would be good for gold."
Bullion futures climbed 3.7% to $1,625.50 an ounce on the Comex in New York this year, beating the 9.4$ drop in the Standard & Poor's GSCI gauge of 24 commodities and 1.4$ advance in the MSCI All-Country World Index of equities. Treasuries returned 1.8$, a Bank of America index shows. Gold has risen for 11 consecutive years, increasing about six-fold since the end of 2000.
The 10 most widely held options are for prices higher than now, with the biggest conferring the right to buy gold at $2,200 by next month and the second-largest at the same cost by November, according to Comex data.
Hedge funds and other speculators added 21,101 futures and options to their net-long position in the week through June 5, making them the most bullish since the start of May, according to CFTC data. Investors own 2,391.9 tonne in bullion-backed ETPS, within 0.8% of the record reached March 13, data compiled by Bloomberg show. The three-week gain in holdings is the longest expansion in about three months.
Central banks are also buying more metal after adding 456.4 tonne last year, the most in almost five decades, according to the London-based World Gold Council, which predicts another 400 tonne will be added in 2012. They increased their combined reserves for 14 consecutive months through March, the longest streak since 1964, International Monetary Fund data show. Kazakhstan's central bank said on June 13 it plans to buy 24.5 tonne this year to increase gold's share of its reserves. (NEAL BHAI 9999974733)
Twenty-four analysts surveyed by Bloomberg said they expect gold to gain this week and six were bearish. A further three were neutral. Speculators boosted net-long positions by 27% in the week ended June 5, the latest Commodity Futures Trading Commission data show. ETP holdings rose 21.07 tonne valued at $1.03 billion since the start of June, halting a three-month retreat, according to data compiled by Bloomberg.
Greek voters returned to the polls June 17 after last month's elections failed to produce a government, increasing concern the 17-nation euro would fracture.
Almost $5.7 trillion was wiped off the value of global equities since the end of March on signs of slowing growth, spurring speculation that policymakers will do more to shore up economies. Gold rose about 70% as the Federal Reserve bought $2.3 trillion of debt in two rounds of quantitative easing, or QE, ending in June 2011.
"Whatever the outcome in Europe, it will likely be supportive for gold," said Neil Gregson, who manages about $6.9 billion of natural-resources equities at JPMorgan Asset Management in London. "We've still got the possibility of QE3 in the US, which would be good for gold."
Bullion futures climbed 3.7% to $1,625.50 an ounce on the Comex in New York this year, beating the 9.4$ drop in the Standard & Poor's GSCI gauge of 24 commodities and 1.4$ advance in the MSCI All-Country World Index of equities. Treasuries returned 1.8$, a Bank of America index shows. Gold has risen for 11 consecutive years, increasing about six-fold since the end of 2000.
The 10 most widely held options are for prices higher than now, with the biggest conferring the right to buy gold at $2,200 by next month and the second-largest at the same cost by November, according to Comex data.
Hedge funds and other speculators added 21,101 futures and options to their net-long position in the week through June 5, making them the most bullish since the start of May, according to CFTC data. Investors own 2,391.9 tonne in bullion-backed ETPS, within 0.8% of the record reached March 13, data compiled by Bloomberg show. The three-week gain in holdings is the longest expansion in about three months.
Central banks are also buying more metal after adding 456.4 tonne last year, the most in almost five decades, according to the London-based World Gold Council, which predicts another 400 tonne will be added in 2012. They increased their combined reserves for 14 consecutive months through March, the longest streak since 1964, International Monetary Fund data show. Kazakhstan's central bank said on June 13 it plans to buy 24.5 tonne this year to increase gold's share of its reserves. (NEAL BHAI 9999974733)
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