Skip to main content

Buy Sell Signal Software for Share Trading



GOLD LOSING ITS SHINE—COMMODITY MARKET
        With investors moving money out of gold and silver, the futures tumbled at a breathtaking speed on intraday Friday night session which witness bloodbath and butchery of gold in the commodity market.  With commodity tips providers being clueless, gold futures for delivery closed at $ 1482.65 registering a loss of $ 82.25 or 5.26 per cent in intraday trading session.
        Investors were selling gold like anything; earlier when the bull rally was on, investors were rushing to buy gold.  The exact volt a face is taking place with investors having changed their trading strategy for gold intraday trade.  The bull run has been prevailing for over a decade.  Now at the first instance of a signal that the rally is fading, people are rushing out to sell gold in panic of trend reversal on technical chart.
        The scale and magnitude of the loss gave a shock to investors.  The best trading software struggled to find out where to put a hold on reigning down bullions.  But, the technical analysis says that bounce back in gold and silver is equally expected.  For the time being sentiment on gold the bearish no doubt about it and so is commodity market.
        Other factors, investors were taking money out of gold and silver notwithstanding the fact that the dip in US retail sales data released yesterday that also took equity market down.  Safe heaven demand in gold has virtually been wiped out. 
        The news that Cyprus would carry out sales of its gold assets spurred speculation that other countries in Eurozone too would follow suite thereby increasing the supply of gold in physical markets.  The risks to current prices of gold in the commodity market as skewed to the downside as we move though 2013 and the fall in the prices could end up being faster and larger than the forecast.
Visit Us : www.technotrades.biz 
Contact Us : +91-9958406102

Comments

Popular posts from this blog

The Mastery Of Self

he Mastery Of Self We do everything for a reason. The reason behind any act is, for the most part, unconscious. If we want to change a behaviour we need to identify the reason, the underlying objective, and examine it. We need to examine it to determine whether this objective, this assumption, supports us in what we want to do now. Most of the beliefs, or rules, that govern our behaviour now, were formed in early childhood. They have become predominantly unconscious beliefs and their effect is to dictate the way we respond. Most of these beliefs continue to support us well, but some have long outgrown their value. My baby son Arthur, does not yet know that touching a hot stove is painful. At some point he will burn himself and he will start to form a set of beliefs about hot things that will, by governing his behaviour, protect him from getting burnt. He won't necessarily remember these early experiences with heat, but his new beliefs will continue to guide him for the rest of h...

Accurate Tips, Rules and Techniques For Intraday Trading

Accurate Tips, Rules and Techniques For Intraday Trading We all go into the stock market to make profits and most traders go into day trading to make a substantial amount of profit daily without any long term commitments. However to make a worthwhile profit and maintain a certain standard in day trading you need to follow certain rules and techniques to maintain your profit level or even surpass it. So what are those tips, rules and techniques you need to become a successful day or intra day trader? 1) Don't trade the first 15 minutes the market opens: it's best to wait for these first few minutes and observe the market and spot potential rewarding opportunities. The first few minutes of the action are often panic trades or market orders placed the night before. It is advised even by professionals in the business to avoid this time period while also looking at the order of business for the day. 2) Newbies should avoid using margin: Margin is you borrowing mone...