As discussed in US Dollar at 3-Year High, Whats next With the strong USD Silver and gold will be under pressure.Silver brokes its 2013 low today morning and Gold is heading towards its 2013 low of 1321, Currently trading at 1346$. Lets discuss the weekly price forecast of gold, silver and crude. Gold Weekly Chart… Read More »
Commodities are back on radar with gold, silver, and oil prices rising between 2.5-5% biggest jump in 5 months period.Lets analyses how trader can trade Gold,Silver and Crude today. Gold Daily Chart As per daily charts gold is nearing its 20 DMA@1486 , High made in morning session is 1485. Intraday players can use the below… Read More »
FIIs sold 35017 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 985 cores with net Open Interest increasing by 28883 contracts. FII added more shorts in Index Futures as net OI rose with price. How to manage Commodities Trading Account . Nifty has fallen 189 points in matter of 2 days… Read More »