Buy Gold at current Level for a good upmove

Updated time- 21.10.2014 ( 9:30 am)
International Gold is trading near $ 1247 USD, can hold in long position for a target of $ 1280- 1305 target in near term.
As it has a strong support at $ 1180 and resistance at $ 1240 and it close yesterday above  its resistance level so it clearly shows strength toward up move.

In MCX Gold also can bought at current level.
Buy December Gold at 27400 for a target of 28,000.

Daily MCX opening and closing levels ( 16.10.2014)

Gold
Open-27270
Close-27456
High-27610
Low-27470

SIlver-
Open-38912
Close-38882
High-39180
Low-38610

Crude oil-
Open-5101
Close-5114
High-5226
Low-4944

Natural Gas-
Open-242.4
Close-242.2
High-245
Low-239.4

Lead-
Open-125.4
Close-122.15
High-125.4
Low-121.25

Zinc-
Open-143.7
Close-137.7
High-143.7
Low-135.85

Aluminium-
Open-117.8
Close-117.95
High-118
Low-116.3

Copper
Open-420.45
Close-408.8
High-420.45
Low-406.8

Nickel-
Open-1003
Close-957.3
High-1003
Low-949.5

Buy crude oil at $ 84.65 USD

Updated time- 13.10.2014 ( 10.20 am) Indian standard time
I am having lot long position in crude oil at $ 84.65 USD for a target of $ 86.5-87.5.
If it cross $ 88 USD then I would add 5 lot for target of $ 92-93 USD in coming week.

What is the right time to buy Gold and silver?

Since last two month we have observed that Gold and silver falling from their last 2 month high.
On Friday 3rd October 2014 Gold closed at 26510 while silver closed at 37845.
On Friday due to positive data in Unemployed claims in US dollar Index rise rapidly which force Gold to fall below $ 1200 USD in International market.
Although You have seen around 1500 points fall in Gold and 4,000 point fall in silver still their is no buying signal is being viewed.
So wait for further fall  or else if you are a trader you can go sell on rise strategy and wait till Gold reaches at 26,000 level and silver at 36,500 level fr start investment.
As there might be more fall so with the above mentioned level start with small amount and hold rest money with you to average if necessary.

Daily NIFTY levels ( 14.08.2014)

NIFTY future
Open-7762
Close- 7800
High- 7811.80
Low-7748

NIFTY spot
Open-7756.15
Close-7791.70
High-7796.70
Low-7739.10

Daily MCX high low price ( 13.08.2014)

Gold (October 14).
Open- 28640
Close- 28678
Day High- 28750
Day Low- 28587

Silver (September)
open-43719
Close- 43350
Day High- 43875
Day low- 43091

Crude Oil ( August)
Open-5965
Close- 5954
Day High- 5976
Day low- 5918

Natural Gas (August)
Open-245.5
Close- 235.8
Day High-245.2

Day Low-234.6

Lead (August)
Open-138.2
Close-134.85
Day High- 138.75
Day Low- 133.85

Zinc ( August)
Open-142.2
Close- 139.2
Day High-142.2
Day Low- 139

Aluminium (August)
Open-124.7
Close- 123.35
Day High- 124.7
Day Low- 123.35

Nickel ( August)
Open-1150
Close- 1136.6
Day High- 1150
Day Low- 1132.1

Copper ( August)
Open-427
Close- 420.55
Day High- 427
Day Low- 420.3

NIFTY heading towards 8000

since last week due to IRAQ news we have seen some profit booking in NIFTY but still NIFTY is not breaking its support of 7500-7400.
It is clearly showing strength in NIFTY.
So traders can stay long in NIFTY for a target of 8000 in coming month.
Also public sector banks are looking hot and will show some upward direction so BANK NIFTY also an be hold for long position for 1000 points gain.

As USD showing strength it will move all IT stocks to uptrend. SO buy and Hold Infosys, TCS, HCL tech etc for 2-3 month .
Also stay long in Reliance capital, Tata steel, Allahabad bank , Coal India etc for 2-3 month fr getting good profit.