Author: syed arif

Yesterday the market topped all time high @US$1252. As I told you earlier that Gold is for bullish and now next target is US$ 1268 and after that US$1300. If we see double top double bottom then we may see some retracement...

Yesterday my forecast of high of US$ 1238 was exactly true. But market get support @US$ 1227 and closed at NY US$ 1231. Today we see further upward movement but very little. Today buy at US$ 1228 and sell at US$ 1242. Market is...

Yesterday the forecast was true people bought at the dip and then sell at US$1232 which was the closing of NY market. Today market is waiting for inflation data of US. It will be against Gold , but Gold is following Euro....

Market did fell towards US$ 1216 then closed @US$1220 down from US$ 1234 previous day’s high. Today we see more upward movement as Greece ratings have been reduced. Today buy @US$1216 and sell...

We had weekend close of US$ 1227. Today we see first some downward movement towards US$1220 before we see US$1238. Still market is risky to do anything. Just wait for buy @US$1200 before we see another all time high this time...

As my forecast Gold Market is giving choppy sessions. Yesterday again gold fell but gain support @US$1215 after falling from US$ 1228. Today we see some more falling so still its good to buy @US$ 1200. Do not attempt any short...

Yesterday we see huge selling @US$ 1236 and market went nose down to US$ 1221. Then as I said people bought at this dip and market closed @US$1233. Still its risky to buy or sell at this point. Wait for US$ 1200 for any...

Yesterday Gold reached US$1251.5 all time high which I was predicting since the last week. SPDR Gold Fund also reached its all time high. At this point profit taking occurs and NY closed at U$ 1235. To reach US$1300 of my...

Yesterday as predicted Gold was bought at the dip of US$1209 and then it moves towards US$ 1245 breaking the resistance of US$ 1227 and US$ 1237. Today we see profit taking and it may move towards support of US$ 1224....

Today Euro fell to more than 4 years low. So today we see more safe heaven buying in Gold @US$1215. The market is now heading in the month of June towards all time high of US$ 1250. Today’s tip buy and sell it US$...