Gold Silver Reports – The chart for Spot Gold is bearish on many counts. First there is the PMO with its “bear kiss” of the signal line and continued decline. The chart pattern that is forming is a bearish double-top. The pattern will be confirmed when price breaks down below the neckline.
Neal Bhai
MCX Copper Below 452 Sell Sell Sell Target 440—434 – Goldman Neal Bhai Reports
Gold Silver Reports – MCX Copper Below 452 Sell Sell Sell Target 440—434 – Technically MCX Copper is getting support key at 440 and below same could see a test of 434 levels and resistance key is now likely to be seen at 452, a move above could see prices testing 462
India Economy Continues To Rebound :Q3 GDP Data
Gold Silver Reports – India Economy Continues To Rebound :Q3 GDP Data — India’s economy picked up pace in the October-December period as it continues to recover from the twin disruptions of demonetisation and a nationwide goods and services tax.
Gold Prices Plunge by Rs 460 on Weak Global Cues, Fall in Demand
Gold Silver Reports – Gold Prices Plunge by Rs 460 on Weak Global Cues, Fall in Demand — Gold prices tumbled by Rs460 to Rs31,390 per 10 grams at the bullion market on Wednesday, snapping their four-day rising streak due to subdued global cues amid slump in local jewellers’ demand. Silver also fell by Rs250 to Rs39,300 per kg owing to reduced offtake by industrial units and coin makers.
New Rules for Chit Funds and Deposit Schemes – Gold Silver Reports (GSR)
Gold Silver Reports – New Rules for Chit Funds and Deposit Schemes – Taking advantage of low financial literacy and greed of people looking for higher returns on their investments, many fraudulent deposit schemes and chit funds have collected huge amounts of money and vanished.