MCX GOLD JUNE FUTURE SHORT CALL CHART (04-APR) GOLDENNIFTY.COM

DATE: 04.04.2012

 MCX GOLD JUNE FUTURE  SHORT CALL :

THIS CALL GIVEN BY http://www.goldennifty.com

DATE: APR 04 2012

 TIPS 1 : TIME 11.58 GOLD JUNE GO SHORT @ 28240 S/L 28286 LEVEL 28209/28180 /28150 / ALREDY LOW 28237 CMP 28265 GIRL

FOLLOW UP SMS 1 : 12.20 MCX  GOLD JUNE  FUT  SHORT @ 28240 ENTERED CMP  28239  LOW 28235 GIRL

FOLLOW UP SMS 2 : 12.34 MCX  GOLD JUNE  FUT  SHORT  CROSSED LEVEL 1 @ 28209 OUR EXPECTED NEXT LEVEL /28180/28150/ 28130/ 28100 CMP  28192 GIRL

 FOLLOW UP  SMS 3 : 12.34 MCX  GOLD JUNE  FUT  SHORT  CROSSED LEVEL2  @ 28180 OUR EXPECTED NEXT LEVEL 28150/ 28130/ 28100/ 28070/ 28040  CMP  28169  GIRL

 

FOLLOW UP SMS 4 : 2.05 MCX  GOLD JUNE  FUT  SHORT  CROSSED LEVEL 3 @ 28150 OUR EXPECTED NEXT LEVEL 28130/ 28100/ 28070/ 28040/  CMP  28137  GIRL

 FOLLOW UP SMS 5 : 2.14 MCX  GOLD JUNE  FUT  SHORT  CROSSED LEVEL 4 @ 28130  OUR EXPECTED NEXT LEVEL 28100/ 28070/ 28040/28010  CMP  28124 GIRL

 

FOLLOW UP SMS 6 : 16.32 MCX  GOLD JUNE  FUT  SHORT  CROSSED LEVEL 5  @28100  OUR EXPECTED NEXT LEVEL 28070/ 28040/28010/ 27980   CMP  28106  GIRL

FOLLOW UP SMS 7 : 16.49 MCX  GOLD JUNE  FUT  SHORT  CROSSED LEVEL 6  @28070   OUR EXPECTED NEXT LEVEL 28040/28010/ 27980 / 27950   CMP 28055   GIRL

FOLLOW UP SMS 8 : 16.54 MCX  GOLD JUNE  FUT  SHORT  CROSSED LEVEL 7  @28040   OUR EXPECTED NEXT LEVEL 28010/ 27980 / 27950 / 27920/ 27890   CMP 28029  GIRL

FOLLOW UP SMS 9 : 5.58 MCX  GOLD JUNE FUT SHORT  CROSSED LEVEL   @ 27980   OUR EXPECTED NEXT LEVEL 27950 / 27920/ 27890 /27860  CMP 27995 GIRL

FOLLOW UP SMS 10 : 20.30 MCX GOLD JUNE FUT SHORT CALL CROSSED LEVEL @ 27920  GIRL

STATUS : MCX GOLD JUNE FUT SOLD @ 28240 TARGET @ 27920 REACHED, 32000/- VISIT @

http://www.goldennifty.com/pages/chart_performs.php?scheme=MCX%20Gold

MCX GOLD APRIL FUTURE LONG CALL CHART (03-APR ) GOLDENNIFTY.COM

MCX GOLD APRIL FUTURE  LONG CALL :

THIS CALL GIVEN BY http://www.goldennifty.com

GOLD CHART : http://goldlivetip.blogspot.in/

DATE: 03-APR-2012

 TIPS 1 : 10.02 MCX GOLD  JUN FUT  IF COME DOWN GO LONG @ 28502 S/L 28467 LEVELS 28515 / 28532 / 28549 ALREADY HIGH 28547 LOW 28505 CMP 28527  GIRL

FOLLOW UP SMS 1:  10.51 MCX GOLD  JUN FUT LONG @ 28502 ENTERED CMP 28503 ALREADY HIGH 28547 GIRL

FOLLOW UP SMS 2:  11.00 MCX GOLD  JUN FUT LONG  CROSSED LEVEL 1 @ 28515 OUR EXPECTED NEXT LEVEL   28532 / 28549/ 28569 / 28589  CMP 28515 ALREADY HIGH 28547 GIRL

 

FOLLOW UP SMS 3:  11.32 MCX GOLD  JUN FUT LONG  CROSSED LEVEL 2  @ 28532  OUR EXPECTED NEXT LEVEL   28549/ 28569 / 28589/ 28609   CMP 28 524 ALREADY HIGH 28547 GIRL

FOLLOW UP SMS 4:  15.46 MCX GOLD  JUN FUT LONG  CROSSED LEVEL3   @ 28549   OUR EXPECTED NEXT LEVEL   28569 / 28589/ 28609/ 28629 / 28649    CMP 28545 HIGH 28555 GIRL

FOLLOW UP SMS 5:  16.00 MCX GOLD  JUN FUT LONG  CROSSED LEVEL4   @ 28569  OUR EXPECTED NEXT LEVEL   28589/ 28609/ 28629 / 28649 /28669   CMP  28562 HIGH 28569 GIRL

STATUS: MCX GOLD APRIL FUT  BOUGHT  @ 28502  TARGET @ 28569 REACHED, PROFIT RS.6700/-  VISIT @ http://www.goldennifty.com/pages/chart_performs.php?scheme=MCX%20Gold

GOLD EDGES UP, EYES ON CURRENCY MARKET ( APR 02) GOLDENNIFTY.COM

GOLD EDGES UP, EYES ON CURRENCY MARKET

Date: 02/04/2012

Gold prices inched up on Monday in the first trading day of the second quarter, waiting for fresh cues from the currency market as investors digest data from China and the United States as well as developments in the euro zone.
The dollar index hovered above a near one-month low hit last Friday after the euro rallied on hopes that Spain could stick to an austerity plan. Gold has largely been taking its direction from the currency market in recent weeks in an otherwise listless range play.

"There is no fresh topic in the gold market these days," said a trader at a large bullion house based in Tokyo. "In the past few months people had focused on the debt crisis in Europe, now that worry has calmed down despite some remaining uncertainties and money is flowing back to equities."  Gold moved towards $1,700 last week after the U.S. Federal Reserve Chairman Ben Bernanke hinted of the possibility of more pro-growth measures, but momentum faded quickly and prices dipped to below $1,650.

Spot gold edged up 0.1 percent to $1,670.30 an ounce by 0645 GMT, after posting a 6.6-percent rise in the first quarter. Although prices fell 1.6 percent in March, a second straight month in the red.
COMEX June contract was flat at $1,671.90 an ounce in thin trading. China's financial markets are closed for a public holiday and will reopen on Thursday.

Bullion prices may end the rebound around a resistance point at $1,677 an ounce and retrace towards $1,645 during the day, said Reuters market analyst Wang Tao.  Spot silver led gains in the precious metals complex, up 1.2 percent to $32.58 an ounce, building on a 16-percent gain in the first quarter.  Traders said gold could stay in a range between $1,640 and $1,680 in the short term, in the absence of any major news.

China's manufacturing data over the weekend painted a mixed picture, showing accelerated activities at big factories but continued struggles for the smaller ones.  Earlier, U.S. data showed consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, leading economists to raise forecasts for first-quarter growth.  Most participants in the physical market remained sidelined. A strike by India's jewellers enters its third week, as they await the finance minister to announce the removal of a previously planned excise duty on unbranded jewellery.

Gold holdings in the world's key gold-backed exchange-traded funds slipped for a second consecutive week last week. "Gold is also lacking sufficient investment enthusiasm to be able to sideline the physical market as it did earlier in the year thus, in turn, prices are struggling to gain momentum," said Barclays.

Buy money managers, including hedge funds and other large speculators, raised their bullish bets in gold for the first time in four weeks as the price of bullion rallied to a two-week high near $1,700 an ounce.

GOLD CONSOLIDATES AFTER REGISTERING 6.6% RISE IN FIRST QUARTER ( APR 02) GOLDENNIFTY.COM

GOLD CONSOLIDATES AFTER REGISTERING 6.6% RISE IN FIRST QUARTER

Date: 02/04/2012

 After registering a 6.6 percent rise in the first quarter, gold prices showed signs of consolidation on the first day of the second quarter as investors remained on the sidelines, lacking any significant catalyst to open fresh bets. Downside in the yellow metal prices remained capped after reports showed better than expected rise in Chinese manufacturing activity while the weakness in US dollar too made the precious metal cheaper for overseas investors.  www.goldennifty.com

Gold futures for June delivery eased 0.1% to $1,670.20 an ounce on the Comex division of the New York Mercantile Exchange, whereas the spot gold prices edged down $0.44 to $1,668.33 an ounce. www.goldennifty.com

INDIAN JEWELLERS' STRIKE STILL ON; SILVER SALES POOR ( Apr 02) Goldennifty.com

INDIAN JEWELLERS' STRIKE STILL ON; SILVER SALES POOR

Date: 02/04/2012

Indian jewellers plan to continue their strike, hurting demand and halting imports of gold and silver in the world's biggest buyer of bullion, an industry body head said on Monday.
"We are still striking... We are expecting to hear from the finance minister in a day or two," said Baccharaj Bamalwa, chairman of All India Gems & Jewellery Trade Federation.

The strike had started on March 17, a day after the finance minister proposed to double the import duty on gold, an excise duty on unbranded jewellery along with a tax on transactions worth more than 200,000 rupees. Imports duty on silver remained unchanged at 6 percent on value.

"If he rolls back (excise) completely, then the strike will be called off, if he has other things in mind, we will continue with the strike," Bamalwa said.
On March 27, Finance Minister Pranab Mukherjee had agreed to examine demand for removal of excise duty and come out with an "acceptable" solution.
The protests have impacted imports of gold and silver, with gold shipments in the

 March quarter estimated to have fallen by as much as 55 percent to 125-150 tonnes.

"There is no business in gold and silver, the whole value chain has shut," said Kumar Jain, vice-president of the Mumbai Jewellers' Association, which groups 10,000 jewellers.
Gold imports for 2012 could fall to their lowest level in two years to 655 tonnes, a Reuter’s poll showed. www.goldennifty.com