Dear Members,
Gold, silver and platinum could bottom out here as mentioned in the weekly newsletter. Read a small part of today’s Flash news from metal sections. In our weekly newsletter and daily flash news, we also recommended buying JNUG and NUGT, both bullish letters.
On Monday metals traded mix bit negatively which is not great news. Though Tuesday to Thursday is an important day.
On Tuesday we still recommend buying around the lower sides so take long positions around the lower sides or on weakness. Only we will get concerned if precious metals trade negative on Tuesday and Thursday but 99% chance of precious metals rebounding on these both days.
Buy JNUG and NUGT around the lower sides. Still stay away from base metals. Palladium is falling nonstop; it tested its multi-year low, and there is a possibility of it going toward $1211 and $981. Buy Platinum, gold, and silver.
Wait for tomorrow's flashnews which may have detail investment and trading strategy with call options and etfs trades.
We don’t see gold going below $1832 and silver at $21.23; these are great levels to buy long positions if it gets there.
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Thanks & God Bless
Mahendra Sharma