Insignia Consultants
New Delhi
Thursday, September 27,
2018
TIME 9:53 AM
IST
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SILVER REPORT
December
interest rate hike is there. Three more next year and one more in 2020. Higher
growth in USA will continue for three more years. This is the message the
Federal Reserve is giving. Gold and silver will trade with a softer bias unless
there are compelling fundamental reason to do so. Other positive factors like
change in geopolitical situation or continued central bank buying has been
ignored by the investors. If more and more Asian move into debt (away from the
rich Asian tradition of remaining debt free), then in the long term per capita
gold demand in Asia will fall.
COMEX SILVER DECEMBER 2018 – current price $1447.00
Bullish over $1454.00 with $1470.50 and $1514.00
as price target
Bearish below $1439.00 with $1429.00 and $1406.00
as price target
Neutral Zone between: $1439.00-$1454.00
· Silver needs to break and trade over $1470 to rise to $1509.
· As long as silver does not break $1470, chances of a correction
to $1429 and $1406 will be high.
· Day traders trade very carefully.
· Long term investors use October dips to invest.
For free trial of the full report mail/whatsapp/call us
HAPPY PROFITABLE TRADING
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
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
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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
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