GOLD CRASHED TODAY TO $600 AND SHOULD FURTHER CONTINUE ITS CRASH TO $ 592-594 FOR TODAY FOLLOWING HEAVY FRESH SELLING BY THE BANKS AND PUNTERS TO GET THE STOP LOSSES OF THE RETAIL INVESTORS EXECUTED WHICH ARE ALL PLACED BELOW THE COMFORTABLE 200 DAY MA FROM WHERE THE GOLD REVERSED THE LAST TIME. BECAUSE OF THIS I PRESUME THAT THIS TIME ON GOLD SHOULD NOT HOLD ITS 200 DAY MA AND FALL FURTHER TO SAY AT LEAST $ 570.00 & $556.00. DESPITE THIS ONE SHOULD NOT SELL GOLD AND RATHER STAY AWAY FROM THE MARKETS AND WAIT FOR THE RIGHT TIME TO GO LONG ON GOLD AS THE LONG TERM BULLISH TREND REMAINS INTACT. TODAY GOLD SHOULD HOLD $592.00 .
SILVER IS THE METAL WHICH HAS NO WILL OF ITS OWN,IT IS LIKE A CRAZY BALL WHICH ROLLS WHEREVER THE GROUND LEVELL IS DOWN AND BOUNCES BACK FROM THE SURFACE SHARPLY. SILVER SHOULD HOLD 1140 TODAY AND 1114.5 AS THE 200 DAY MA. DESPITE ALL THIS SILVER SHALL FOLLOW GOLD AS THE MORE GOLD FALLS SILVER SHALL FOLLOW FASTER AND SMAE SHALL BE THE CASE ON RISE. IT IS AGAIN ADVISABLE NOT TO GO SHORT .
COPPER SHOULD ALSO HOLD 336 COMEX AND WE COULD AGAIN SE 357 BEFORE A FALL TO 317.50 AND FROM THEREON A RISE TO BEYOND 400 LEVELLS. BUT THE SHORT TERM VIEW REMAINS BEARISH FOR THIS RISKY METAL.
TIP: TRADE JUST LIKE AS IF YOU WERE CROSSING A BUSY TRAFFIC INTERSECTION.
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