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Today's Trade & News

Dollar Index toward 90.00 for sure and gold toward $750!

Here is updated verson of Wednesdays flashnews:

 

Dear Members,

Today and tomorrow is very crucial for gold, silver and all metals because these are most positive days and all these metals should close positive but Mars is only planet which can play a spoil role for gold and silver. At this stage we can say Monday and Tuesday rise was artificial and metals can move down big late today and tomorrow on any news, if I understand Mars movement well. One can sell for the short period with stop-loss at current price gold is at $1121 (stop-loss $1131), silver $16.23 (stop-loss 16.53). If metals fall today and tomorrow then Mars says gold will reach $750 within a month and copper $2.45 but we want to see this week trend and we will confirm in next week newsletter that these lower side prices is possible or not.

 

Oil move has surprise us, according to current planetary movement oil will start trading weak from late today or tomorrow and then weak trend will continue on Friday, but we are wrong at this stage so it can trade opposite of what we predict.

 

This week we mentioned in our newsletter that stock market would rebound up to three percent, and we they are almost there. We strongly recommend to take sell position in all major markets from late Friday. Asian and European market will move down big.

 

Grains gained as we expected from 14 Feb, one should accumulate on weak trend on today and tomorrow, I will still recommend our members to buy call of September and December as I see some negative news from China and fall of metals can put pressure on grains for the short period.  

 

Dollar has been trading as predicted in newsletter, one should accumulate as big rise is on the way from late tomorrow. This week sell call of Yen made great amount of money and we recommend hold position until 1.0945 or lower.

 

Today's trade, sell metals and Euro on rise.

 

Thanks & God Bless

Mahendra Sharma, Wednesday 17 Feb