Transcription
Welcome to my YouTube page. Hello, I am Naresh Kumar. First of all, thank you to all the viewers who have subscribed to the page. You are sharing, liking, and continuously sending us your opinions in the comment box for the page's videos. Many comments come from people. Many, many people give blessings, give love. Many people also correct. We will continue to be corrected along the way. If there is a need somewhere, we will be corrected. We will talk about gold and silver. We will not talk about Nifty in this video. We will do that in the live session. Although my view on Nifty is bearish. I have been saying this continuously in the live sessions as well. I had said 6 months ago that after October 18th, I don't see Nifty doing well. Especially not until December 4th. After that, it's possible there might be some improvement. But currently, my view on Nifty is negative. Meaning, I am bearish on it. I am not bullish. It's a sell on rise market. It's according to the astro cycle as well. And otherwise too. These charts will appear before you. If we put up one or two charts, you will understand why I am bearish on it. We will discuss Nifty a little. But gold and silver will be the priority in this video.
So, both gold and silver stopped their decline side this week, and gold, in dollar terms, went from 1990 to 49, 3990, sorry, from 390 to 4009. That is, a growth of just $1 per ounce on the Comex. If we calculate this in percentage, it's 0.30%. But the good news is that the decline has stopped, and here it has made the weekly candle green. I am saying this according to the chart, the weekly candle has turned green. It's slight, but not much. The same happened with silver. The good news for silver is that it sustained above $48. The level was $48.04 at the beginning of the week, and it closed the week at $48.14. Here too, it's about 0.16%. This decline that had come has suddenly stopped. Its high was $54. It was around $54. It is sustaining around $48. A lot of things happened in between. There was a game of premiums. Things fell in the Indian market. Everything happened. But this is in dollar terms now.
Now, there is a shutdown in America. The shutdown in America is being delayed. Although there was news yesterday night, as we are shooting this video on Saturday. On Friday night, there was news that the opposition in the US has given a proposal to end this shutdown. But things have not reached a consensus yet. Because of that, data is getting delayed. Payroll data is getting delayed. Now traders are relying a bit on the private sector data to see what will happen and what won't. The private sector data is indicating that jobs were lost in October. So things are not going well there. For this reason, a survey has come out in the US where 66% of traders feel that the Fed might cut rates in the December policy due to the job losses that have occurred, due to the state of the economy there. It's possible that things are not going well in the economy. Therefore, a rate cut might happen. If a rate cut happens, it will ultimately go towards.
If we talk about important data from the US this week, it is due to come on November 13th. If the shutdown opens, then the Consumer Price Index data will come on November 13th. It will come around 6 PM Indian time. On November 13th itself, Real Earnings will come for October, which will also be around 6 PM Indian time. And on November 14th, the Producer Price Index will come. This is also around 6 PM in India. Meaning, 6 PM in the evening. So, these are fundamental things because ultimately gold and silver are driven by the US. They run on Comex, or from London. So, things impact Comex more. The US market obviously has a greater influence on it. When the screen is running, we also look at the Comex rate. Then we compare it with MCX. Then we look at many things. Otherwise, this video I am making is for informational purposes only. This is not investment advice. First of all, understand this. Do not trade on MCX based on this video. If you incur any loss, I or my channel will not be personally responsible for it.
Now let's come to the astrological part. Astrologically, the next week is going to be very active. Mercury will become retrograde on November 10th night, meaning around 9:45 PM on November 9th midnight. This means it will become retrograde on Sunday night. The market will open on November 10th. On November 10th itself, Venus and Mars will come on a 30-degree axis. Their distance from each other will be 30 degrees. By the way, Venus is the karaka of silver. On November 11th night at 10:10 PM, Jupiter will become retrograde. It is in Cancer. When a debilitated planet becomes retrograde, it is good. When an exalted planet becomes retrograde, it is not good. They are already moving fast. I will not call this "atichari" (excessively fast). People are calling it "atichari". They are moving fast. When an exalted planet moves fast and becomes retrograde, it is not a good thing. This will happen on the night of November 11th at 10:10 PM. On November 12th, Sun and Moon will come into the Vaidhriti Yoga at 4:48 AM. This is not a good yoga. On November 12th itself, Venus and Mercury will come to 30 degrees. On November 13th, Mercury and Mars will come together at 0 degrees at 4:43 AM. So, ultimately, if we look at this broadly, the next week appears to have a lot of volatility according to the astro cycle.
But if I look at gold and silver from an astrological perspective, because Mars is with Mercury, Mercury is the karaka of trade. Mars is also the karaka of gold. Some people think Mars is not the karaka of gold. Some things came in the comment box. I request those people to please read page number 127 of Uttar Kal Amrit, where Mars is described as the karaka of gold. So, whatever I am saying is with reference to the scriptures. I am not saying anything on my own. Some people who are commenting might not have read this book or might not have seen which planet is the karaka of what. They might have commented. Anyway, regarding this, the next week, I am not bearish on gold and silver. Any slight decline that comes, one should buy. You can get decent targets from here. It might consolidate again from here. It might not give a rally in one go. I see a rally here after November 17th. Understand the reason.
Now this chart has come before you. This is the horoscope for November 17th. Sun and Mars are together in the eighth house because the Sun will transit on November 17th. Both planets will be in Scorpio. Now, from Scorpio, look where its direct aspect is going. It is going towards Taurus. The aspect of two malefic planets on Taurus. Saturn is currently in Pisces. Saturn's third aspect is on Taurus. Now, what is Taurus? It is the sign of Iran's influence. There were some reports recently that something is going wrong in Iran. Iran is rebuilding its nuclear program. It is possible that in the next 20 days, because Mars will remain here until December 7th, it is possible that in the next 20 days, after November 17th, some crisis might occur, and it will be in the Middle East because this sign represents this area. We should keep a watch there. If this happens, the possibility of this happening is also higher because, in Scorpio, you will see Mars and Sun. Both are malefic planets, and Rahu is transiting in Aquarius at the 11th house, and Ketu is in Leo. So, four malefic planets have come into the Kendra (angular houses). When four malefic planets are in the Kendra, it is a classical example that I study for market declines. I am talking about equity. We will definitely see a decline in equity during this period. It is possible that equity falls a lot, and money shifts to gold and silver. This is possible. This can happen very easily.
The second reason, what do gold and silver like? Gold and silver like volatility. So, after November 17th, this scenario will increase global geopolitical tensions, enhance it. Things can go wrong there. Therefore, we will proceed with caution. We will not take very heavy positions. If we have to take a position, we will hedge it because, in equity, I had shot a video 6 months ago in which I had said that after October 18th, I don't see Nifty doing well, and I had mentioned the period until December 4th. So, some people might have seen that video. So, I am currently bearish on equity. This is the reason I was telling you why I am bearish on equity. I don't like this combination.
After this, on December 7th, Mars will move forward. Now what will happen? On December 7th, Mars will move forward, and the Sun will follow behind it. The Sun will again come there on December 16th. Now, on December 16th, Mars will be in Sagittarius, the Sun will also be in Sagittarius, and Ketu will be in Leo, looking at Sagittarius. Just as Taurus was afflicted, Taurus was afflicted by three malefic planets. Similarly, Sagittarius will be afflicted by malefic planets. The good thing is that Jupiter's direct aspect is on it. But Jupiter itself is retrograde. So, the planetary positions that are forming. Now, which area does Sagittarius represent? Just as we said Taurus is the sign of Iran's influence, Sagittarius represents France, Italy, Ontario in Canada. If we look at it from a scriptural perspective, and some part of the Middle East comes, South East Europe comes. So, this area will become a conflict zone. In India, Maharashtra comes. This area will become a conflict zone because things are wrong here. This situation is not good. And when Mars and Saturn come, Mars and Sun will come together in the ninth house, meaning in Sagittarius. The tenth aspect of Saturn, which is in the 12th house, is also on the Sun and Mars. Ketu is in the 5th house, and its aspect is also on Sagittarius. So, Sagittarius is afflicted. Mars, Sun, Saturn, Ketu. Here, the conflict in that zone might increase. It is possible that Russia becomes more aggressive there. Meaning, we will see what happens when that date arrives. But again, this combination from December 16th to January 16th, I don't see it as good. As per astrology, if I look at it, because one sign is very badly affected, afflicted. A conflict zone can form there. If a conflict zone forms, then ultimately it becomes a better situation for gold and silver. And around this date, the Fed meeting is also there. This is what I am telling you. The Fed meeting will also come in between, and the decision in the Fed meeting will also impact the market and gold and silver.
So, we are trying to see the fundamental reasons for the growth in gold and silver, or the astrological reasons that are appearing. If we look at the charts for the next one or two months, we see that things are going wrong. So, the effort is to alert you a little through the video. To inform you through the video that proceed with caution. Meaning, no matter how much money anyone is earning, making, or doing anything, ultimately, their hard-earned money should not be lost. So, once again, at the end of the video, I would like to say, do not create positions on MCX based on watching this video. Trade because everyone has their own horoscope, everyone's horoscope has its own planetary positions, its own transits. In Punjabi, they say, "kisi nu maadi, kisi nu swaadi" (something is bad for some, tasty for others). Some people digest urad dal, some find it very tasty, some get indigestion. So, get your horoscope analyzed if you want to invest. Do not invest by watching this video. Get your horoscope analyzed by a good astrologer, and they will tell you whether you should trade in this timeframe or not. So, do not take a weak position. Otherwise, please give your opinion in the comment box on how you liked the video. If you liked the video, please share it. Please subscribe to the page. With this, please allow me to leave. Goodbye.