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BREAKING NEWS - PRECIOUS METALS GOLD, SILVER ETC.,

 
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Author BREAKING NEWS - PRECIOUS METALS GOLD, SILVER ETC.,
rsnagesh
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Joined: 08 Mar 2007
Posts: 34
Location: COIMBATORE

Post: #1   PostPosted: Tue Jan 14, 2014 8:55 pm    Post subject: BREAKING NEWS - PRECIOUS METALS GOLD, SILVER ETC., Reply with quote

EUROPEAN CENTRAL BANK'S GOLD RESERVES FOR THE WEEK ENDED 14TH JAN 2014 REMAIN UNCHANGED AT 303156 MILLION EURO & THE CURRENT A/C POSITION OF THE CREDIT INSTITUTION WITH THE EURO SYSTEM DECREASED BY 32.32% TO 202.30 BILLION EURO AND AT THE SAME TIME LIABILITIES TO THE GENERAL GOVERNMENT SHOT UP BY 3.98% AND NOW STANDS AT 57.90 BILLION EURO. THE NET POSITION OF THE EURO SYSTEM IN FOREIGN CURRENCY WENT UP BY 0.50% AND NOW STANDS AT 205.2 BILLION EURO IN PORTFOLIO TRANSACTIONS. - DATA NEGATIVE FOR GOLD & SILVER

HENCE SHORT SELL GOLD BETWEEN $1252 - 1259 & MAXIMUM $1277 ZONE STOP LOSS $1294 TARGET $1207 - $1146 - $1113 - $1085 - $1044 - $1007.

HENCE SHORT SELL SILVER BETWEEN $20.27 - $20.59 & MAXIMUM $20.87-21.27 ZONE STOP LOSS $21.66 TARGET $17.21 - $18.77 - $19.27 - $19.75.

MCX SILVER SHORT TERM AND INTERMEDIATE TARGET ON THE HIGHER SIDE WOULD BE 45637 - 45803 - 46357 - 47168. KEEP STOP LOSS ABOVE THIS LEVEL.

SHORT TERM DOWN SIDE WOULD BE 42037 - 41839 - 41672. WORST CASE FALL 38784 - 38951.

(USED RBI REFERAL RATE OF 1 US DOLLAR = 61.52)

NOTE.: ALL PROJECTIONS ARE BASED ON SHORT TERM SWING VOLATALITY & FACTORS LIKE WORLD'S MAJOR CENTRAL BANKS MONETARY POLICY ACTION PLAN CONSTRUCTED FOR SHORT TERM INTERVALS OF 3 TO 6 MONTHS TIME FRAME FOR CALCULATING THE PRICE DISCOVERY.
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SwingTrader
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Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India

Post: #2   PostPosted: Wed Jan 15, 2014 8:58 am    Post subject: Reply with quote

POSTING IS CAPITAL LETTERS IS LIKE SHOUTING !!!

So please post in small letters.

Thanks.

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Srikanth Kurdukar
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