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Gold Commodities
 Type : Commodity | Source: IndiaNotes.com | 23 Jun 2017
Gold Commodities\' daily commodity newsletter provides expert advice, trading strategy and intraday recommendations on bullion, energy and agro commodities

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S T R A T E G I E S : : T A C T I C S : : A N A L Y S I S

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In-Detail Analysis and Daily Online Trading Recommendations On Commodity market

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TRADING STRATEGY FOR 23 June 2017

Get Detailed Analysis and Daily Online Trading Recommendations on---

Gold * Silver * Crude Oil * Copper

Money, Mind,

Method,

Mathematics and Logic.

In commodities market positional traders make more fortune as compared to intraday traders.

India's leading and successful positional analyst on Commodities from last one decade.

Why most of the traders are losers in the market?

*Those, who maximizes the risk by letting their losses run and limiting their gains.

*Those, who always miss the opportunity for extraordinary profits and gains.

*People do not have the clarity and comfort that come from following a successfully tested and logical strategy.

*Generally traders lack the ability to profit in both a bull and a bear market.

99.99% of the intraday traders never make money. The one who make money is, your Broker !!!!!!!!! So stop sitting in front of screen 24*7. Because if you trade with the crowd then you may make money one or two times but by the end of the day you will lose money that is for sure.

Technical Analysis + Astrology

Trading Strategies

An experienced Team... Ready to Guide you

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Whether market is UP or Down ...Just follow the trend and ride the Trade....You cannot make money consistently by trading intraday..........If you trade intraday then one thing is sure that only your broker will make money........ Only positional traders can make money in this market.

Pay attention for Just 5 minutes >>>>>>>>and read the following....

1) Do you think that any Analyst can make you Millionaire in just few days of trading????? ( Some unprofessional immature analysts write--- Profit in 10-25 lots = xxxxx Rs....Is this correct way ? Please do not get fooled by anyone who promises you the same... this is just a trap...The ground reality of such promise is zero...). If this is the reality then why they don't work for themselves instead of collecting peanuts from clients.

2) If you are tired of 6-8 calls by technical analysts where the end result is only Loss and Pain.

3) If you are trading daily and by the end of the month your balance sheet does not reflect the profit.

4) If you are getting SMS from analysts and brokers and not able to choose from bunch of call--and If you choose calls from many calls and you loose on your bet.

Then don't search anywhere and just follow the right strategy and do only positional trading ......

09860500330 or send message on WatsUp !!

TRADING STRATEGY FOR 23 June 2017

Making money or to be right for 1 or 2 times is not important. OR if you are right for 1-2 days is also not important. What really matters is making consistent and regular profit from this market.

Always riding the winning trade is not at all important. If you trade for continuous TWO months and able to make profit then only you will survive in this market. Else forget about overnight success......

Gold - MCX -( 28629 )

Scenario 1- For medium to short term $1260 to $1266 remains strongest selling zone.......For next couple of sessions this will act as hurdle for Gold and fresh selling will be initiated if this level is reached.

Scenario 1- If above scenario-1 is not attained and before that it falls below $1240 then it will be beginning of another round of selling towards further lower levels...

On 22nd June Written here>>>>>> Yesterday on 21 June, Gold tested low of 28448..already given target here on 16 June....Just Check out.....

On 21st June Written here>>>>>> Now All eyes on $1240 for today..New Selling ONLY below this level....On higher side hurdle at $1255...

On 16th June Written here>>>>>> From now onwards even a small rally will face selling pressure.....On downside 28475 and 28300 are now downside destinations....On higher side strong selling zone at 28900-29000 range....

On 15th June Written here>>>>>> Gold on other hand is now traded at $1264...Made low $1257 after the announcement... Now on higher side it will face resistance at $1270....On downside now next trend deciding level is at $1245..Once close below this then again more downside will be seen.......

So what to do next ???? Is there any selling opportunity left or consolidation ?????

On higher side $1282 is again now difficult to cross......

On 13th June Written here>>>>>> Interest rate decision and FOMC meeting tomorrow on 14 June Night....If interest rate is raised this time by 25 basis points then some more downside can be seen in Gold. From now onwards $1260 is support on downside....On higher side $1282 is resistance.....

On 9th June Written here>>>>>> YES !!! Gold could not cross $1298, mentioned here on 7th June....And fell heavily.....Now on downside today keep eye on $1272...Today on Friday if manage to close below this then can test_____????

On 7th June Written here>>>>>> Now on higher side $1298 is Crucial resistance level.... Last week we saw good support from lower levels on back of Geopolitical worries. Already trading at $1280 and now on higher side $1298 is next important trend deciding level for coming sessions. On downside $1272 will provide support.

Zinc - MCX last close -( 174.05 )

Yesterday late evening, I received many phone calls regarding the positions of traders in Zinc....

NOW WHAT TO DO In Zinc ????

Zinc is at now short term resistance level.....

Join US to trade and gain maximum from Zinc....

This was the Chart Posted Right here on 21 June about the new developments on Zinc .....

On 21st June Written here>>>>>> Yesterday in the graph shown below, we mentioned here the probable strong resistance area around 166...Now if this is cleared then next upside movement will be seen.........

On 15 June all clients were advised to buy @ 161.25....

NOW WHAT NEXT ???

Next resistance at 164.50 and then ?????

Support at 160. If close below this then only next downside else .......

Lead - MCX last close -( 141.50 )

On 21st June Written here>>>>>> For Quick gain of 1-2 Rs. buy if trades above 137.50.....

Crude Oil - Last close- 2776

Now time for consolidation...Overall trend remains bearish......

On 22nd June Written here>>>>>> Day before yesterday too we recommended all clients to sell at 2880......

Right from 3200 levels we are continuously Recommending Selling in Crude oil....Even yesterday too we recommended selling....

On 15th June Written here>>>>>> From last many days we are continuously selling Crude oil.....

on 7Th June clearly Written here>>>>> Any Rise is a sell .....Already broken down... On higher side now new resistance is at $47-$47.25 range ....So any dead cat bounce is new opportunity .......

Do not catch the falling knife.....

Just see the prediction given here on 30th May itself >>>>> Now on higher side keep eye on $50.25..This is very crucial level now. If Crude is unable to manage to close above this level then definitely it has something more bad to come in coming days......

Earlier written here on 5th June >>>>> Last week right from 3220 level, on every rise we recommended selling to clients. As there is still no big trigger or reason for Crude to go up. Still on higher side $48.40-$48.80 remains resistance zone. On downside if manage to close below $47 again then more panic can be seen in coming days...

Copper MCX Last close - ( 370.60 )

What Next Now ?????

For today 376-378 on higher side resistance...and support at 366...

Earlier written here on 19th June >>>>> On higher 371 and on down side 361 is trading range for Copper........ No new downside unless close below 361.....

Earlier written here on 15th June >>>>> Copper breaking the short term supports.... Still trading above 361....Unless close below 361, it is likely to remain range bound....

Silver MCX - July - ( 38220 )

38200 to 38650......Consolidation phase.....Short lived rallies to be utilized to sell.....

On 22nd June Written here>>>>>> Now on higher side resistance area at $16.75-$16.85 ranges......So what next Now ?????

Earlier written here on 21st June >>>>> Yesterday too we sold at 38250 and covered at 37950.....

Earlier written here on 16th June >>>>> On downside $16.50 and then $16.20 are supports .....Below $17.....Remains weak...

Earlier written here on 13th June >>>>> Already closed below $17..... And still remains weak....

So What to do Next ????

Earlier written here on 12th June >>>>> Now this week, all eyes on $17.....Trend deciding level....

Yes...We totally provided sell recommendations from higher levels.....And it was mighty fall last week...

Earlier written here on 8th May >>>>> On down side $15.80-$16 range will provide buying support....

July month contract will be interesting to trade.....

To know more about this, send message on WatsUp 09860500330 !!!!!!

Successful people--- Read everyday and make their strategies well in advance.

Unsuccessful people--- Watch TV everyday and fail to make plan.

For joining JUST message us on Whats App 09860500330.

Whether market is UP or Down ...Just follow the trend and ride the Trade....You cannot make money consistently by trading intraday..........If you trade intraday then one thing is sure that only your broker will make money........ Only positional traders can make money in this market.

Join us to know more about exact entry and exit points....

Every day, I receive lots of calls from all over India. And out of that 99% traders are those who have got loss in the commodity or stock market. And what I learnt from them is a mistake that is common in them. That mistake is `Lack of self confidence and lack of proper strategy". If you make your plans well in advance and strictly follow the strategy then everything becomes easy. Sometimes people follow the rumors and forget the Technical charts. Sometimes they convert their loss making position into investment and they lose whole capital in only one trade. This is one of the most serious mistakes people make in their trading business...So I always guide them not to follow the traditional method of trading in which you are getting loss. Just change the strategy and see the difference.-----------------For more you can call me on my below given numbers for proper guidance. 09860500330 or send message on WatsUp !!

Whether market is UP or Down ...Just follow the trend and ride the Trade....

We always suggest and recommend all clients to do positional trades on breakout and breakdown. Because in intraday trading only brokers make money and not traders. Only one or two positional calls are enough in a week rather than wasting time in intraday trading.

Please Note- Kind Attention- Please do not expect detailed levels exposed and written here from us. Because we have to preserve something more, extra and detailed analysis for our paid clients.

For joining JUST message us on Whats App 09860500330.

Mail me on goldcommodities12@gmail.com

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Disclaimer:- Neither Gold commodities nor author of the report will liable for any trade debuted from the analysis given above and traders solely responsible for their action. As technical strategy to best use of report, please adhere to the stop loss levels mention in the report. Though caution is taken to ensure the accuracy of the data taken from various sources to compile this report, the author will not be liable for any trading decisions taken based on this report. The report is meant for the exclusive use of Gold Commodities only.