Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Trade Wars, Tariffs and The Peg
By: Craig Hemke

Trump’s Backdoor Power Play to Rein In the Fed
By: Stefan Gleason

Gold: A New Trade War Weapon?
By: Stewart Thomson

Lehman - Ten Years Later
By: Andy Sutton and Graham Mehl

There will be warnings!
By: Steven Saville

Is This Just the Calm Before the Storm?
By: Frank Holmes

Gold Bulls Have to Wait
By: Arkadiusz Sieron

Gold Resource Corporation’s Alta Gracia Project Returns 10.30 Meters Grading 1,052 g/t Silver
By: Gold Resource Corporation

Northern Vertex Declares Commercial Production at Moss Gold Mine
By: Northern Vertex Mining Corp.

Silver Is ‘Undervalued’ Relative to Stocks, Bonds, Gold
By: GoldCore

 
Search

GoldSeek Web

 
Asian Metals Market Update: March-7-2018



By: Chintan Karnani, Insignia Consultants

 -- Published: Wednesday, 7 March 2018 | Print  | Disqus 

Trade wars will increase as the Trump administration is considering clamping down on Chinese investments in the USA along with imposing tariffs on a broad range of Chinese imports. Gary Cohn resigning as Trump’s top economic advisor will be bearish for the US dollar and bullish for gold.

 

Key US economic data releases begin from today with February US private ADP jobs number. It remains to be seen if economic data releases turn the focus away from Trump’s protection.

 

The next seven days (till 14th March) is very crucial for the US dollar as well as gold and silver and industrial metals. Zinc and lead should form a medium term bottom if they continue to fall continuously for a week. Copper will break free from recent the $309-$330 wider trading range and form a new range. Corrections in Nickel (if any) should be used as an investing opportunity.

 

COMEX GOLD APRIL 2018 – current price $1337.20

Bullish over $1328.50 with $1342.20-$1348.60-$1354.30 as price target

Bearish below $1321.70 with $1318.10-$1314.10 and $1308.30 as price target.

  • Gold needs to trade over $1328 today to rise to $1348.50.
  • There will be a sell off if gold trades below $1328.00.

MCX GOLD APRIL 2018 – previous day close Rs.30573.

·         Gold can rise to 30772 and 30968 as long as it trades over 30443.

·         Sellers will be there below 30443.

·         Seven days view: Key resistance is at 30973. Only a break of 30973 will trigger another wave of rise to 31493 and 31822. Gold will crash to 29923 and 29599 in case gold does not break and trade over 30973 in the next seven days.

(prices in Indian rupees above)

HAPPY PROFITABLE TRADING

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, crypto currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared by Chintan Karnani

Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.

Trade without emotions

"Print this report only if absolutely necessary. Save Paper. Save Trees."

NOTES TO THE ABOVE REPORT

Follow us on Twitter @insigniaconsul1

UK session starts around 1:00 pm Indian Standard Time (+5:30 GMT) -- after the release of LME daily inventories

US session starts at 6pm pm Indian Standard Time (+5:30 GMT)

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care/Whatsapp/Telegram: 9311139549

You can also mail your queries at ‘s

Chat Id: mcxsuretips@gmail.com (gtalk), insigniaconsultants@yahoo.com (yahoo)

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 


| Digg This Article
 -- Published: Wednesday, 7 March 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus
1080-81, Ugger Sen Street,”Somani Bhawan”
Sita Ram Bazar, New Delhi-110006. India.
Ph: [O] 91-11-30919880 [M] 09811139549
Website: www.insigniaindia.com
Email:





 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.