Gold calls.Long term -medium term and intraday calls in gold is here !.

Calls/Signals provided by "sujithsstorock" have earned me profit ?

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Gold
 

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Gold continues to rise. The fundamentals are driving gold: weak dollar and inflation concerns. Saw a report by Standard Bank expecting prices to rise another 8% this year. I see gold at $1,100 with the combination of solid fundamentals, Barrick gold unwinding its hedges and technicals that will continue to drive gold up.
 
Although gold looks like it is at a high price when comparing in dollars, gold remains well below last year’s high when priced in pounds, euros, yen or Swiss francs. September is typically the best month for gold and having now crossed the $1,000 barrier again, it could gain momentum from increased exposure and mind-space for investors. Interesting article in today’s WSJ as well saying the price of gold has traditionally been equivalent to that of one high-quality men’s suit. Maybe a little silly, but worth a read.
 
Copper

Copper has a major support at 306.80 if not break than can turn till 317-327 however a break below can drive till 300-298 and 290 as well so keep an eye on levels as market may face correction in upcoming days

Major Levels to watch are following

Resistance: 312.20-316.30
Supports: 306.80-301.80

Lead

Lead did not break 97.50 as we mentioned in previous edition of our newsletter now it has a resistance at 108.60 if sustain than can fire till 111-116 levels however short term targets are 120+ if sustain and give close above 105

Now lead has a strong resistance at 113.10 if not break than we may face some correction till 106-102 levels however above 113.10 can hit till 116-119

Resistance: 113.10-115.80
Supports: 106.60-104.20



Zinc
Zinc has a tough resistance at 94.80if sustain above this level it may test 97-99 if not than can come till 91 levels again so keep an eye on levels market is looking a bit for correction

Major Levels to watch are following

Resistance: 95.10-96.80
Supports: 92.70-91.40


Gold

Gold has a resistance at 16080 if sustain than can test 16200-16400 however if not cross than we expect to test til 15800 and more once before going towards new life time high

Resistance: 16080-16160
Supports: 15920-15860


Silver

Silver has a small resistance at 27710 if sustain above this level it may hit 28000 however if not than we expect to test till 27400-200 once

Major Levels to watch are following

Resistance :27710-27920
Supports: 27480-180


Crude

Crude has a small resistance at 3466 if sustain than can test its hurdle at 3530 however a break belw 3380 can tthreat till 3320 and more

Major Levels to watch are following

Resistance: 3466-3530
Supports: 3380-3320

Natural Gas

Today Ng data so wait for view

Major Levels to watch are following

Resistance: 176.60-181.20
Supports: 160.20-152.10
 
Yesterdays performance
1>>buy eur/jpy at 13405 sl 13375 tgt 13440-13495>>1st tgt was met,profit 350 usd
2>>buy eur/gbp at 8905 sl 8883 tgt 8937-8970>>1st tgt was met,profit 320 usd
3>>buy usd/jpy at 9090 sl 9060 tgt 9127-9178>>entry missed

4>>sell gold at 1018 sl 1021 tgt 1013-1005>>1st tgt met,500 usd
5>>sell silver at 17.48 sl 17.67 tgt 17.2-16.7>>1st tgt met , 350 usd
6>>crude sold at 72.9 sl 73.55 >>sl hit ,loss 400 usd
total 1120 usd

Todays NEWSLETTER from my site


MARKET Analysis Report
September 18, 2009
From Sujith S S ​

PRECIOUS METALS REPORT​

1. Gold
Yesterday>>”Gold kissed 1024 resistance and dipped back to 1018 at the time of this report. On September 16, 1015 acted as a good support. Today the same support if breached, can invite a down fall in gold price till 1012-1007 $.A daily close below 1005 can signal a top that should stay for next 2-3 weeks.”
Our clients sold at 1018 with sl 1021 n 1st tgt 1013 was met. 500 USD profits. Today support of 1007 was tested. However, break of 1010 has signaled the start of long due correction to down side. Sell on rise unless 1021 is not broken. On upside, a break above 1022 can target 1027-1034.
Are you in a Trade?
Buyer >> Set stoploss 1002(safe), 1007(risky).
Seller >> Set stoploss 1026(safe), 1019(risky).
• Resistance 1019-1024-1033
• Support 1014-1007-1000


2. Silver

Yesterday, Our clients sold silver at 17.48 with sl 17.62 and tgt 17.2 was met. 300 usd profits. Double bottom has occurred at 17 $ in silver. Silver took double support at 17 $. A break below 17 $ can crash silver hard. Bulls are still alive.
Are you in a Trade?
Buyer >> Set stoploss 16.75(safe) or 16.99 (risky)
Seller >> Set stoploss 17.9(safe)
• Resistance 17.38-17.62-18.15
• Support 17.00-16.90-16.75

FOREX REPORT​

• AUD/USD
8640 is a support. Charts indicate a spike till 8740 levels. Safe trade is to sell on rise with stoploss above 8770. A break below 8600 will set down trend for coming 10 days.
• GBP/USD
Yesterday>>”After a mammoth fall from 16650, now a correction is due till Fibonacci resistance of 16550 and 16620.On other side, When a break below the support of 16444 occurs, It can extend this downtrend till next support level of 16347. Today 16550 was covered. Still we are bullish. “
So 16550 was met. Then on break of 16444 16300 came. This 16300 is a very good support. One can attempt to buy with stoploss below 16300.A break above 16400 should increase probability of up move.
• EUR/USD
Caution to all sellers. EURO can give a huge spike till 14760.A break of support 16440 should invite 16400-16545.But then again it’s a buy on these levels with safe stoploss 14525.Exact entry, stoploss and targets are provided for paid service.
• EUR/JPY
Yesterday>> Our clients traded this call “buy eur/gbp at 8905 sl 8883 tgt 8937-8970>>1st tgt was met, profit 320 usd”. Become our client @ 90$ per month
Today, 13375 is a support. Break of that support level points to next support at 13325.Resistances are at 13434-13465.We are aiming for 13600 soon.
• USD/JPY
9160 is a trend setting resistance. Above this resistance, 9225 and beyond can come. This shall confirm short term bottom at 9025 levels as well. Trade range is 9160 and 9100. Break of 9100 should cause more downsides.
• USD/CAD
Bottom is nearly confirmed. Buy on dip with stoploss below 10665.

ENERGY​

CRUDE OIL
A Break above 73.5 $ looks unlikely. Sell on rise with sl 73.5 and potential targets 72.3 and 71.5. It’s a view only.
 
free call sep 21

buy usd/jpy at 9200 sl 9180 tgt 9222-9260



SEP 18 performance


• Sell usd/jpy at 9150 sl 9170 tgt 9120-9080>>1st tgt, 300 usd
• Buy gold at 1009 sl 1006 tgt 1014-1019>>sl hit, -300 usd
• Sell gold at 1006 sl 1009 tgt 1000-994>>1st tgt, 600 usd
• Buy silver at 16.95 sl 16.80 tgt 17.18-17.39>>entry missed
Total 600 usd


MARKET REPORT has been updated
 
Buying gold on every pullback. Up today for the first time in four days. Still expect the dollar to be weak and investors to seek safety in the typical store of value: GOLD. Taking a look at the ETFs, gold is at or within a percent of the record high holding amount. In spite of the IMF’s approved sale of 403.3 metric tons (value of $13 billion) just the other day, gold price remains strong. In spite of the 38% decrease in gold consumption in India, gold price remains strong. Long gold. Buying on every pullback.
 
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