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Today's Trade & News

Thursday and Friday volatile, but great opportunity for taking trades...

Here is small part from todays update:
 
Dear Members,
Monday, Tuesday and Wednesday metals traded as per our weekly predictions and we are sure many of our members have coved the short position in gold and silver. Thursday and Friday we expected range bound or recovery from low and yesterday after New York close, gold went up sharply on Fed announcement on printing more dollar. We don't want to go into all these news because our job is to predict market trend.
 
In our newsletter one thing we mentioned that next time is coming to make fortune in few tradeds like metals, grains and oil so wait for newsletter on Sunday. Thursday and Fridays are bit positive for metals otherwise we would have predicted sharp fall in gold and silver from today itself.
 
If you missed buying metals yestterday then wait for our indications of selling, don't buy any position in gold and silver at this point. Wait for our newsletter because we are targeting gold to reach $650 and silver $7.80. Sell metal stock at this stage.
 
Sell oil around $51.50, grains and soft commodities as second round sharp fall is on the from late Friday, so build selling position from here. This week Natural gas buying recommendation was one the of the best profitable proven.
 
Stock market will the breath so one can book partial profit because weak trend will come today.
 
US dollar taken huge beating yesterday and this weak trend will end today after New York opening. It is great opportunity has come to buy USD. DOLLAR INDEX HAS COME DOWN TO below $84. This week was mix on USD and we indicated in our newsletter ,whenever we are mix on our recommendation don't trade with big quantity, now time has come to build position in USD. We expect US INDEX will reach 100 soon.   
 
 
Thanks & God Bless
Mahendra Sharma, 9 am New York