Gold :
Chinese market has opened up today . As per the report , Gold demand in China has increased by 40%, and whereas in India it has been decreased by 30 %. So the demand still remains on the high side.
Hence as per the scenario , one can
Buy Gold with a sl of 28750 and in the next few sessions gold can go to 29100
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Silver:
Silver is comparatively more bullish than the gold. Also China is going to raise its silver demand by expanding more industrial plants which uses silver. So the trading strategy
Buy Silver and hold it , can see a target of 45500 in the next few sessions or intraday also.
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NATURAL GAS
This commodity has shown a lot of volatality and has put the trader strategy under a lot of trouble.
It made a high of around 359 and it has come down 294 levels and so because the January winter in US has observed a record temperature after 1994. So the demand was at it s best. But now slowly the winter is going off and soon AFTER 16 FEB 2014 the temperature will get back to normal. So the trading strategy ,never be on the buy side
Sell NG around 298 with sl 305 for target 280 in the coming sessions.
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Chinese market has opened up today . As per the report , Gold demand in China has increased by 40%, and whereas in India it has been decreased by 30 %. So the demand still remains on the high side.
Hence as per the scenario , one can
Buy Gold with a sl of 28750 and in the next few sessions gold can go to 29100
------------------------------------------------------------------------------------------------------------
Silver:
Silver is comparatively more bullish than the gold. Also China is going to raise its silver demand by expanding more industrial plants which uses silver. So the trading strategy
Buy Silver and hold it , can see a target of 45500 in the next few sessions or intraday also.
------------------------------------------------------------------------------------------------------------
NATURAL GAS
This commodity has shown a lot of volatality and has put the trader strategy under a lot of trouble.
It made a high of around 359 and it has come down 294 levels and so because the January winter in US has observed a record temperature after 1994. So the demand was at it s best. But now slowly the winter is going off and soon AFTER 16 FEB 2014 the temperature will get back to normal. So the trading strategy ,never be on the buy side
Sell NG around 298 with sl 305 for target 280 in the coming sessions.
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