LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

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

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

Jim Cook Interviews Ted Butler: JPM, Silver Investors & More
By: Ted Butler

Bitcoin's Strong Extensions Warn The Bear May Try To Come Back
By: Avi Gilburt

Housing Collapse 2.0 Continues as Predicted Here … as does everything else!
By: David Haggith

The Question of Gold Price Manipulation?
By: Craig Hemke

Precious Metals Update Video: Gold market is oversold
By: Ira Epstein

None Dare Call It Nonsense
By: Gary Christenson

Inured to Bad News, Stocks Waft Higher
By: Rick Ackerman, Rick's Picks

U.S. Global's Holmes confronts the monetary metals sector with proofs of manipulation
By: Chris Powell, GATA

Asian Metals Market Update: May-22-2019
By: Chintan Karnani, Insignia Consultants

Precious Metals Update Video: Gold is a frustrating market to trade
By: Ira Epstein

 
Search

GoldSeek Web

 
Asian Metals Market Update: May-25-2018



By: Chintan Karnani, Insignia Consultants

 -- Published: Friday, 25 May 2018 | Print  | Disqus 

Trump is using Chanakya Neeti called “Saam, Daam, Daand, Bheed” on North Korea issues. This means first negotiate, if negotiate does not work then buy him, if buying does not work then threaten him, if threatening also does not work, then use a divide and rule policy. The last resort is an armed conflict. Lessons from Libya have been learnt by North Korea. China and Russia its neighbors are there to advise North Korea. Traders will prefer to go long in gold on the mini vacation weekend instead of short.

 

Next week we also have the US April nonfarm payrolls. The FOMC meeting in June will impact financial markets as there will be a press conference and not just a statement. Anyways Trump tweets and comments anytime impacts markets more than anything else. Trump says that the USA is war ready for North Korea. When is USA not war ready? It pokes its nose on even on the smallest decision made in any country. A wounded person in hospital has the tendency of complaining even on the sound of his breathing. The USA is now like a wounded person. The current phase of gains in the US dollar (may be till next year) is the last of the century of greenback supremacy. There is no replacement to the US dollar yet. Better to increase holding of physical gold in this transition period.

 

There will be position squaring and rebuilding for next week.

 

COMEX SILVER JULY 2018 – current price $1667.50

Bullish over $1666.80 with $1677.50 and $1699.00 as price target

Bearish below $1654.90 with $1641.50-$1627.50 as price target

       Silver needs to trade over $1666 today to rise to $1699 and $1703.

·         Sellers will be there below $1666.

·         Watch $1666 all the time.

HAPPY PROFITABLE TRADING & HAVE A GREAT WEEKEND

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: Friday, 25 May 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 - 2019



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


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC 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, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.