Skip to main content

Buy Sell Signal Software for Share Trading

By


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

Post a Comment

Popular posts from this blog

Free Downloads of Best and most accurate MT4 strategies and Indicators| MT4 ROBOT EA

By
http://mediajx.com/story7112431/the-2-minute-rule-for-robot-forex-funciona http://bookmark-dofollow.com/story6027470/about-forex-auto-trading-robot-free-download http://bookmark-template.com/story6030122/5-tips-about-scalping-robot-mt4-you-can-use-today http://prbookmarkingwebsites.com/story4171399/forex-wiki-no-further-a-mystery http://socialmediainuk.com/story4607483/the-best-side-of-metatrader-4-free-download http://dirstop.com/story4894182/the-fact-about-expert-advisor-programming-for-metatrader-4-that-no-one-is-suggesting http://opensocialfactory.com/story3739470/facts-about-metatrader-4-indicators-revealed http://ztndz.com/story6395566/the-definitive-guide-to-forex-robot-gratis http://gorillasocialwork.com/story4899066/forex-ea-advisor-options http://socialrus.com/story4358261/the-single-best-strategy-to-use-for-forex-online http://socialmediastore.net/story4742935/the-single-best-strategy-to-use-for-forex-online http://socialnetworkadsinfo.com/story4765280/not-known-f...
Post a Comment
Read more

COMMODITY UPDATES

By
COMMODITY UPDATED BY INTRADAY TRADING SYSTEMS OF TECHNOTRADES News Highlights:  Commodity markets strengthened on Friday as the U.S. non-farm payrolls and U.S. ISM manufacturing data beat the market expectation, even after the jobless rate unexpectedly rose to a five month high of 8.3 per cent.  Copper futures posted its biggest weekly drop in nine weeks as Investors sold the base metals last week when the Fed and ECB ended a policy meeting without announcing stimulus measures to boost the economic growth.  Cotton futures are expected to maintain its bullish trend for the next weeks as some short-covering has been seen ahead of the U.S. Agriculture Department’s monthly supply/demand report on August 10, 2012.  The concern over oil supply disruption in the Gulf of Mexico supported the oil prices on Friday. The U.S. National Hurricane Center forecasted that tropical storm “Ernesto” may grow into a hurricane this weakened.  The U.S. Labor Department reported last week that U....
Post a Comment
Read more

SECRETS OF SUCCESSFUL TRADING

By
50 Golden Rules of Stock Market Trading I’m sure most everybody knows these truisms in their hearts, but this list is nicely edited and makes a good read. 1. Plan your trades. Trade your plan. 2. Keep records of your trading results. 3. Keep a positive attitude, no matter how much you lose. 4. Don’t take the market home. 5. Continually set higher trading goals. 6. Successful traders buy into bad news and sell into good news. 7. Successful traders are not afraid to buy high and sell low. 8. Successful traders have a well-scheduled planned time for studying the markets. 9. Successful traders isolate themselves from the opinions of others. 10. Continually strive for patience, perseverance, determination, and rational action. 11. Limit your losses – use stops! 12. Never cancel a stop loss order after you have placed it! 13. Place the stop at the time you make your trade. 14. Never get into the market because you are anxious because of waiting. 15. Avoid g...
Post a Comment
Read more