Today early morning when people opened our blog they find our blog was down and later they were getting redirected to our competitor’s website and many of our loyal subscribers emailed me why its happening . When i opened blog’s control panel i find it was unaccessible as our enemy ( competition ) was already hacked in our database and they were re-directing our traffic to their website blog .
Later they re-directed our blog to an adult site and posted many offensive posts and literally spamed our blog with offensive material which resulted in a major crash in our database and our competitor were able to delete our whole data of 5 years , we had backup system which takes backup every week which they disabled it before hacking into our database so we lost almost all data of our 5 years posting .
We were able to retrieve some of our posts till 2013 but it was preventing us to update frequently .
After a lots of efforts from our Tech expert we were able to gain control and we are taking every step to strengthen our security which is very important as our competitors seems exhausted with our success .
Now we are at war with them and we will grow bigger than before Inshallah
Gold future trading at 26570 after a small crack yesterday so today if mcx gold click our technical support today at 26500 and manage to sustain below our level then expect gold to correct upto 26400 – 26300
If mcx gold future click our resistance of 26730 and manage to sustain above our technical level then expect gold price to race upto 26880 – 27000 today
So should we buy mcx gold ?
Should we sell mcx gold ?
Mcx gold trend is weak so stay idle for now and wait for resistance and support to take contra call. Dollar Index is causing pressure in mcx & comex gold. Even usd/inr also contributing to weakness in precious metals. Avoid buying for now
Mcx silver levels
Mcx silver price trading at 36092 it crashed beautifully after our sell call yesterday and still its trading low , if mcx silver click our support of 35700 and sustain below this level then expect 35400 – 35100
If silver click our resistance of 36420 and sustain above this level then expect silver to test upto 36800 – 37100
Mcx silver trend is flat to negative for now so avoid any fresh selling. Try to sell on rise and make stop loss above today’s high. Intraday high is very important level and once market move above intraday high then expect good rise and we may see trend reversal as well.
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Gold price trading lower since yesterday it tried to spike when US data came below average but eventually it dragged down again and now trading at 1178$ remember a crucial support in gold price at 1174$ once it break this and manage to sustain below this then expect gold to correct upto 1165$ – 1156$
However Greece issue is almost solved so market giving a hard time to buyers as most investors prefer equity over gold when economy is good this is the second reason why gold prices trading in pressure since yesterday but if gold price click our resistance of 1190$ and sustain above this then expect a race upto 1199$ – 1208$ in short term
So should we sell gold as greece matter is almost solved ? or
should we buy gold as market has corrected almost 30$ from its peak and its time to buy ?
Well gold forecast conclusion is we would wait untill in gold as market is looking weak for now but fresh selling at this price is not recommended
Silver forecast 24 june 2015
Silver price trading lower since yesterday after our selling signal initiated at 16$ , it crashed beautifully from there and and tested lows near 15.75$ and currently its trading at 15.85$ , silver price need to break 15.70$ hurdle to resume its fresh downtrend , thereafter 15.50$ – 15.30$ on cards
If silver breaks our resistance at 16.05$ and sustain above this then 16.30$ – 16.55$ not ruled out
So should we buy silver with silver stoploss of support or should we sell silver with stoploss of resistance ?
Well silver forecast conclusion is , silver trend is weak but major selling not recommended till suppot is intact and avoid buy too
Nifty future continued its bull run even yesterday and closed positive 8th day continuously but its time to take caution note as FII turned sellers again and they sold some qty yesterday so its time we take caution in our nifty view today , if nifty future click our resistance of 8410 and manage to sustain above our nifty resistance then expect fire upto 8450 – 8490
If nifty future click our support of 8350 and sustain below our level today then expect crack upto 8310 – 8280
Bank Nifty Levels
Bank Nifty future again outperformed nifty future yesterday and closed at 18400 , now if bank nifty future click our support of 18250 and manage to sustain below our support then expect bank nifty future to correct upto 18100 – 17930
If bank nifty future click our resistance of 18550 and manage to sustain above our resistance then expect bank nifty future to fire upto 18700 – 18880
Nifty and Bank Nifty levels conclusion : Market trend is positive but its time to take cautious approach now
US 30 ( Dow jones ) trading at 18120 , it retraced back from its highs of 18188 to 18100 odd range today after below average US Durable Goods data and its trading on lower point only , American economy has been gaining good momentum since interest rates are almost zero and americans enjoying a dream run in equity markets but ground reality is not that great and dow jones and other major companies in index are highly over priced hence we are not bullish on dowjones from here at 18100 levels . We are very near approx 12-18 months away from another recession and we expect there would be another tech bubble . Tech companies are highly over valued such as whatsapp who made almost no profit compared to its valuation of nearly 20 billion dollar . Even in india many startups like Flipkart valued in billions who are making loss since its inception
Chinese markets have given astonishing return of 120% and its going without any fundamental reason and its a bubble which should come hault soon and its gonna send world in a shock of recession very soon .
Dow jones has been a good performer and now its trading at 18110 if dow 30 click our major resistance of 18220 and manage to close above our technical resistance then expect another round of green upto 18400 – 18600 in dow
If dow jones click our major technical support at 17600 and manage to close below this level then expect party for bears upto 17300 – 17000 and even more
Dow jones analysis conclusion : we are not scaring you nor suggesting you any major sell in dow jones for now , but we are giving you a caution note on world equity markets including dow jones
More will update to our dow jones trading signals subscribers
Gold price trading lower today after our sell signal yesterday it crashed from 1195$ to 1181$ now , Its looking weak and once it break technical support of 1174$ today and manage to sustain below our support then expect gold price to correct upto 1165$ – 1152$ today
If gold price manage to click our technical resistance at 1192$ and manage to sustain above our resistance then expect gold price to fire in intraday trading session upto 1200$ – 1208$ today
Gold forecast conclusion : Gold trend is weak for now. Avoid major buying in this weak market.
Silver Forecast June 23rd 2015
Silver price trading flat at 16.05$ , silver did not like gold and its trading firm since yesterday so once silver prices click our technical support today at 15.80$ and manage to sustain below our support then expect silver to crack upto 15.60$ – 15.40$ today
If silver manage to click our resistance of 16.30$ and sustain then expect 16.55$ – 16.80$ in silver price
So should we buy silver as its holding against gold in weak market ?
Answer is no , avoid buy in silver as its trading flat but its trend is weak. Dollar Index is gaining so it will pressure precious metals more. Keep an eye on dollar to determine the major trend of xauusd and xagusd today.
More will update to our subscribers. For paid signals package Whatsapp at +91-9920315014