Free Daily MCX tips As on 14-08-2009

Zinc :Free MCX TIPS Aug Buy above 86.1

Free MCX TIPS STOPLOSS @ 85.7 .

Free MCX TIPS TARGET @ 86.40 , 86.55 , 87.00

Free Daily Gold and Silver Price(rate) and Market Trends----------------------As On 14-08-2009

Market Commentary:-

Our Free Daily Gold Price(rate) Trends opened at 959.25/960.25 and climbed on the back stronger oil prices and a weaker USD, peaking at 960.75/961.75. Worse than expected retail sales caused equity markets to tumble and the metal quickly followed. Gold Trends fell to an low of 952.00/953.00 before managing to recover. It became well bid as oil recaptured

lost ground and equity markets rebounded. Resistance was found near 960.00

and the market ticked sideways as the session unwound, Gold price(rate) closing at 954.25/955.25.

Our free daily Silver Price(rate) Trends opened at 1490.00/1493.00 in New York. Poor US economic data caused

equity markets to retreat and silver trends dipped to an intraday low of silver price(rate)1477.00/1480.00.

Copper and oil later rallied helping the metal take back lost ground, climbing above

1500.00 USD/ozs and, touching a high of 1505.00/1508.00. It slipped marginally

off its highs and traded lightly in a range to finally settle at 1500.00/1503.00.

Technical Commentary

Gold price(rate) closed relatively unchanged, though slightly down on the day, after trying to

the highest intraday level in three sessions. This removes some of the downside

heaviness in the metal's price action this week, though we are still trading well

below the level where we began the week. While we've documented where support

is to be found on an intraday basis this week, the topside seems to be constrained

at $960 on a closing basis. Downtrend resistance currently comes in

$969.75, with a break of that leading to a $980 target.

Silver price(rate) 2.9% jump was impressive as was its ability to test back up to resistance of

15.05 (the high today and from August 6th). The chart pattern and studies all point

to further upside in the metal and a break and close above 15.05 tomorrow would

confirm this. Support lies at today's low of 14.77, followed by the 9-day moving

average of 14.55; while resistance comes in at the June 11 high of 15.54.

This is our Free Daily Gold and Silver Price(rate) and Market Trends

Daily Free Gold, Silver and Dollar tips in Comex Tips

Silver and Gold Price Removed Most But Not All the Ambiguity Today

SILVER, GOLD Price and Dollar on Daily Free tips and Comex tips removed most but not all the ambiguity today. The(free) GOLD PRICE rose $4.00 to US$954.70 on Comex, and in the aftermarket has traded up to $955.50. Y'all probably recall that $954-$955 is a resistance area, so gold's failure to clear the whole area today leaves a trace of ambiguity still.

Free SILVER Tips, glorious silver, slammed up 40.2 cents today to close at $14.98 cents, highest level since June. From here a believable rally requires silver to climb above $15.00, then run fairly quickly to $16.00 cents and crown it all by smashing through $16.00. Right now, the (free) SILVER PRICE Tips stands on the rallying track.

Today the (Free) US DOLLAR INDEX Tips landed just above its 78.33 support, falling 42.9 basis points to 78.414. Now comes the buck to a real test. If it can hold on at 78.33, and re-bound, then we have to call that a bottom and expect the dollar to rally. On the other hand, if the scrofulus US currency falls through 78.33, well, you wouldn't want to kiss it good-bye, but you could wave bye-bye from a safe distance.

STOCKS keep on rising against all doubts, gaining every day in free dollar tips terms, but stuck against free gold tips. Dow closed today up 36.58 at 9,398.19 and S&P500 up 6.92 at 1,012.73. Dow now stuck beneath 9405 - 9425, so that becomes its next target to conquer. Any fall below 9,200 implies more falling.

Every day that passes impresses on my mind some new fact pointing to terrible turmoil in the US economy and free Dollar tips in society. Pull in your horns. Get your business straight. Don't leave lots of money lying around in banks. Get physical gold and silver tips, and get it delivered into your own hands. Hold it someplace safe, and that does not mean a bank.

This is Our Free Gold, Silver and Dollar Tips in comex Markets



To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down.