Dear Members,
It was fantastic to see silver moving aggressively higher as predicted. This week, we provided $63.00 as per our weekly newsletter and daily flash news, and we may achieve our target by Thursday. Close long positions at $63.00, and don’t short any positions until we recommend so, follow our daily Flashnews and weekly News.
Markets are trading mixed as predicted, but Tuesday was a buying day in the market, and I am sure you must have bought some positions.
USD is holding value, and most of currencies are struggling to move further higher. We recommend waiting a few more days before adding aggressive long in USD.
The rest of the commodities are trading as predicted; we recommend staying away from any buying in oil, grains, and softs. At this stage, focus on metals.
Cryptos are back in action, and we are recommending staying for a few more days before you book some profit if you are a short-term trader. Close long positions in Bitcoin if it reaches the $98228 level and wait for our next outlook. At this stage, GLXY, ETHU, CLSK, SOLT, and BMNR moved sharply higher, and still have room to move further higher.
I don’t see FED and ORCL disappointing the market on Wednesday, so it's time to take some action. NAIL and DPST will move higher, but we may book a profit on Friday. S&P and NASDAQ will achieve our higher-side target in December.
I will try to send an update after the Fed meeting.
Thanks & God Bless
Mahendra Sharma