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BREAKING NEWS - PRECIOUS METALS GOLD, SILVER ETC., |
rsnagesh White Belt
Joined: 08 Mar 2007 Posts: 34 Location: COIMBATORE
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Post: #1 Posted: Tue Jan 14, 2014 8:55 pm Post subject: BREAKING NEWS - PRECIOUS METALS GOLD, SILVER ETC., |
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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 Site Admin
Joined: 11 Aug 2006 Posts: 2903 Location: Hyderabad, India
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Post: #2 Posted: Wed Jan 15, 2014 8:58 am Post subject: |
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POSTING IS CAPITAL LETTERS IS LIKE SHOUTING !!!
So please post in small letters.
Thanks. _________________ Srikanth Kurdukar
@SwingTrader |
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