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HFBC : BULLION TREND FOR WEEK STARTING 08 OCT 2018

NFP : Nonform payroll on Friday was supposed to give clarity but brought very little.  August job growth saw a massive revision from 201k to 270k.  September job growth revised the mark, coming it at 134k versus 184k, but that was expected due to Hurricane Florence.

BULLION : BULLION will began a new UPSIDE rally very quickly.  I wrote in my last post that GOLD n SILVER creating very strong floor at BOTTAM line $1180 to $1190 and $13.96 to $ 14.09 respectively.  My initial target for gold $ 1245 ND 1272.

     Recent LOW help to confirm UPSIDE projection as the most resent LOW price created a price rotation that further UPSIDE indication.

     What is needed right now, a push ABOVE $ 1218/1220.  I personally believe this BOTTAM setting up in GOLD ND SILVER may be the last time you see  $1190/1200 price for a while.

RECOMMENDATION : BE A AGGRESSIVE BUYER ON DIP AND $ 1170 CLOSING BASE STOP ORDER .

for more details nd INTRADAY volatility  write me bestech30@gmail.com

regards

Rahul Kumar
HFBC
+91 8193003476

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