Wednesday, June 15, 2011

TRADING TIP: Lunar Eclips/ Chandra Grahan and Share Market

Chandra Grahan / Lunar Eclips effect on Share Market

Trading Strategy / Tip after chandra grahan 16.05.2011

  • Crude will show Good up and downs in next session. Chance to Move up by 6$. Further profit booking may down it upto some extent.
  • Silver is also going to show upward move of app. 2.3$.
  • Astrologically Gold looks weeks, if we donot look towards some market correction for short session, Gold will not show any good hold in its position. For Gold time is not Glittering.
  • This Eclip is not good Share Market. Bad seesions can be seen in next so many days in continution.

Disclaimer: Please study market carefully before investing, it is subject to risk. Above tips are as per personal market research. One must study market carefuuly before investing.

Tuesday, June 14, 2011

gold may move at about $1,620 in Q4

Something about Gold
Gold should reach around USD 1,620 an ounce, and silver about USD 50 an ounce in the fourth quarter, metals consultancy GFMS research director Neil Meader said on Tuesday.
"After the summer lull we should start to see a firming in the price of gold and silver," Meader told Reuters on the sidelines of a conference in Milan. "The two (metals) should broadly follow one another."
Spot gold was bid at USD 1,518.60 an ounce at 0940 GMT compared with USD 1,514.73 late in New York on Monday. Silver was at USD 35.01 from USD 34.69.