::: Buying panic in selling mode :::

As i said u earlier too gold be in bullish tangle upto March 21 .....well gold has been topped out in the first week of feb 2006 we see short covering rally upto 569....ish................... Moreover people have figures in mind as 600$ - 650$ soon which is mirage again for bullrally ... I mean to say still time speaks for bull late veiw ...lets seeee the moments of planets as three planets are retrograde on 7th March ...........Voltality will be in huge mode ..............

Iran is planning to develop nuclear programmes which IAEA called off , Iran has been alerted by G-5 nations ,Unesco has appealed moreover US wanna to combat air strikes bases as Iraq & afghanisthan ...Now the question comes the North Korea may be oppose to US this along with middle east nations .Iran has got huge oil & gas reserves ...........In US air exercises is going on & upto latest as i feel the arms & amunation has been loaded in Iraq & afgshnisthan .United Kingdom will be US ally in this race as they are been part of the strikes if any war happens..........
As gold has been defecit against the production is the factor which may sustain upto 2010 & second most importatnt factor is US defeict which is enlarging or kicking the economy may face Gold as alternative investment for the investors ,Big Financial Institutions & Banks ..Third important factor is inflation against gold is not seen for decades ...which is resulted it to strike upways without breaking cycle or nature waves .......

Again i say still gold has to do lot more longterm so dont short metals for long term .As i see the book hedgers are very less compare to 2000 -2001 ...Hedgers may hedge the gold for just very short time to raise productions ....hedgers was been the best for bear rally & now the gold is in bull rally may continue to c 850$ in comming couple of years ..Gold & silver will corelated to send prices north words to mooon ....People see gold & silver as alternative investments very soon

Monday is blackday which will make silver to buy in dips along with the selected shares ...Gold may be running in neutral well


This week trend from 27th feb to 3rd March 2006 :

The gold may be in the range of 547 -569 $ which can ABC wave of Elliot theory which as taken in X 1-x2 mode ..Gold is finding a huge support which will make gold to build a base to rally for next nature wave ...Gold can take a deep support of 510-518.50 ......


THANKS & GOD BLESS

:: Sunil S Jain ::
27th feb 2006


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