Gold 22.06.20.12:- Sell below 29810 stop loss 29970 target-29650-29500 ranges.
Silver 22.06.20.12:- Sell below 53400 stop loss 53800 target-52600-52200 ranges.
Silver 22.06.20.12:- Sell below 53400 stop loss 53800 target-52600-52200 ranges.
Friday, June 22, 2012
GOLD 22.06.2012 NEWS
GOLD 22.06.2012 Gold fell 2.5 percent on Thursday, on the verge of
wiping out this year's gains as renewed fears of a
global economic slowdown and disappointment over
a lack of aggressive U.S. Federal Reserve stimulus
dampened bullion's inflation-hedge appeal.
• The metal is on track to post its biggest one-day drop
for the year. Its sell-off started Wednesday when the
Fed ended its policy meeting without launching a
new round of monetary easing but instead opted to
lengthen its program aimed at lowering long-term
interest rates known as "Operation Twist,
• Silver slid more than 4 percent, following Brent crude
oil which tumbled over 3 percent a 18-month low and
steep losses on Wall Street. Thursday's sell-off in
assets amid a dimmer economic outlook lessened
the need of buying gold to hedge against inflation..
• Deflation worries pummelled precious metals after
several reports showed disappointing U.S
manufacturing activity, a shrinking Chinese factory
sector and slowing business activity across the euro
zone. The data added to fears that Europe's debt
crisis and slower growth in the United States and
Asia would cause downturns around the globe.
wiping out this year's gains as renewed fears of a
global economic slowdown and disappointment over
a lack of aggressive U.S. Federal Reserve stimulus
dampened bullion's inflation-hedge appeal.
• The metal is on track to post its biggest one-day drop
for the year. Its sell-off started Wednesday when the
Fed ended its policy meeting without launching a
new round of monetary easing but instead opted to
lengthen its program aimed at lowering long-term
interest rates known as "Operation Twist,
• Silver slid more than 4 percent, following Brent crude
oil which tumbled over 3 percent a 18-month low and
steep losses on Wall Street. Thursday's sell-off in
assets amid a dimmer economic outlook lessened
the need of buying gold to hedge against inflation..
• Deflation worries pummelled precious metals after
several reports showed disappointing U.S
manufacturing activity, a shrinking Chinese factory
sector and slowing business activity across the euro
zone. The data added to fears that Europe's debt
crisis and slower growth in the United States and
Asia would cause downturns around the globe.
Thursday, June 21, 2012
COPPER & MEATLS CALL 21.06.2012
Copper 21.06.2012:- Sell below 422 stop loss 425 target- 419-417 ranges.
Zinc 21.06.2012 Buy above105.50 stop loss 104.80 target-106.3-106.70 ranges.
Lead 21.06.2012 Sell around 106 stop loss 106.70 target- 105.20-104 ranges.
Nickel 21.06.2012 Sell below 956 stop loss 969 target- 945-935 ranges.
Zinc 21.06.2012 Buy above105.50 stop loss 104.80 target-106.3-106.70 ranges.
Lead 21.06.2012 Sell around 106 stop loss 106.70 target- 105.20-104 ranges.
Nickel 21.06.2012 Sell below 956 stop loss 969 target- 945-935 ranges.
CRUDE OIL & NG CALL 21.06.2012
Crude Oil 21.06.2012:- Sell around 4640 stop loss 4690 target-4580-4550 ranges.
Natural Gas 21.06.2012:- Sell below 144.5 stop loss 147 target-141- 139 ranges
Natural Gas 21.06.2012:- Sell below 144.5 stop loss 147 target-141- 139 ranges
Silver CALL:- 21.06.2012
Silver 21.06.2012:- Sell below 54400 stop loss 54800 target-54000-53700 ranges. (NEAL 9999974733)
Gold CALL:- 21.06.2012
Gold 21.06.2012: Sell below 30220 stop loss 30350 target-30120-30000 ranges. (NEAL BHAI 9999974733)
GOLD NEWS 21.06.2012
GOLD 21.06.2012 UPDATES :- Gold slid, then cut losses, on Wednesday after the
Federal Reserve said it would extend its stimulus to
a stalling U.S. economic recovery but did not signal
more aggressive monetary easing.
• The metal initially fell 1.5 percent on disappointment
that the Fed did not announce a third round asset
buybacks known as quantitative easing (QE3).
Investors have been betting on the use of gold as a
hedge against economic uncertainty and currency
depreciation risks brought by central bank actions,
• The statement concluding a two-day policy meeting
said the Fed is renewing its effort to depress
borrowing costs by selling short-term bonds to buy
longer-dated ones, extending its program better
known as "Operation Twist" to the end of 2012.
• U.S. gold futures for August delivery were down
$7.70 an ounce at $1,615.50, with trading volume in
line with its 30-day average. (NEAL BHAI 9999974733)
Federal Reserve said it would extend its stimulus to
a stalling U.S. economic recovery but did not signal
more aggressive monetary easing.
• The metal initially fell 1.5 percent on disappointment
that the Fed did not announce a third round asset
buybacks known as quantitative easing (QE3).
Investors have been betting on the use of gold as a
hedge against economic uncertainty and currency
depreciation risks brought by central bank actions,
• The statement concluding a two-day policy meeting
said the Fed is renewing its effort to depress
borrowing costs by selling short-term bonds to buy
longer-dated ones, extending its program better
known as "Operation Twist" to the end of 2012.
• U.S. gold futures for August delivery were down
$7.70 an ounce at $1,615.50, with trading volume in
line with its 30-day average. (NEAL BHAI 9999974733)
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