Here is this weeks newsletter from 28th October to 1st November:
GOLD/SILVER/BASE METALS
Last week silver and platinum acted very well as predicted. They both were in our buying list. This week also looks positive for precious metals from Wednesday onwards, so buying is recommended in silver, platinum, and gold from Wednesday, and hold the positions on Thursday and Friday.
On Monday and Tuesday buy gold, silver, and platinum on weakness. Gold will still hold $1481, Silver $17.00, and Platinum $918. On the higher side I am expecting at least a 5% rally in silver, so close positions if silver moves 5%. Close positions in platinum if it moves to $978. Gold will struggle to close above $1526.
Buy JNUG and NUGT on Tuesday.
Base metals may trade very volatile and may gain value on Wednesday and Thursday, but Friday will be one of the best opportunities to sell base metals, or take aggressive shot positions in Palladium, Copper, Nickel, and Aluminum. On Monday and Tuesday Base metals will trade mixed.
For the last few months we have been stating that there will be a sharp correction in base metals especially Palladium from the 4th of November so watch this date closely. Thanks & God Bless
Mahendra Sharma