Gold Market Forecast 1-18-11 Update

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I predicted on 1-18-11 that Gold and Silver shall continue to decline. 25th was the date to watch out for any support, but most likely support rather swing shall be created on Friday, 28th (GLD close above $131 and SLV $26.75, SHALL mean that we did put in swing low on 1-25th and inverse shall be true, that is swing high on the 28th or weekend (Monday)

Gold Market Forecast

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I had previously forecasted that it does not look good for the Gold. Today, with markets indices divergence, it was confirmed again. I expect the gold to drop to at least $1,302 level. Once that is broken, then we shall have a support zone at $1,262 area (+/-8). I have posted the chart for Gold ETF.

Forecast of Time Cycle Reversal Date of 10-15-10 - GOLD Update

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Gold has plummeted over $70 since the reversal date forecast of 10-15-10 - Click on the chart to expand

Gold Market Update 09-17

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I had published an analysis of Gold on August 31st and  previously on August 24th  had stipulated that $1,237 is an important NHN per my research. My forecast stated that Two consecutive closes $8 above $1,237 shall negate the recent time/price cycle squaring . I further added that a decisive break above that number shall bode well for Gold. Since then Gold has rocked higher.

And Now an update on said chart

GOLD Market Forecast Follow Up

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I had posted gold commodity forecast, in which, one requirement to break through level was either gap up (for GLD) or strong up bullish bar (as gold is traded 24 hours). Of course, we got the later.

GOLD Market Forecast Follow Up

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In my previous analysis of the Gold Commodity Market, I have pointed out that $1,237 (+/-$8) was an important NHN (Natural Harmonic Number). A break with strength to break out and above this level, is required for Gold to continue its high fly-ride to new higher prices. Failure to do so, shall bring in very sizable decline of at least 10-20%.  I shall post the price target later.

Please see the Gold update. I have enclosed weekly chart, to reduce the noise of the market gyration and to give up better perspective.

GOLD Market Forecast Follow Up

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GOLD Market is at very critical level of price and time. Within this channel, it rallies 3-4 trading days and has been failing at the very immediate price ceiling resistance. Today, it again failed at the price hitting the channel and at 4th trading bar.
One thing to remember that in bear market, Gold leads the financial markets lower. Initially investors run for the cover under gold and commodities, which causes the gold to rally and then it tumbles down hard, too. Usually there is 21-28 days lead and lag time.

Market Forecast for 07-27 ... UPDATE

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Markets have started to drop as, I have forecasted, only due to The Blessings of My Creator, The All-Knower.

GOLD Market Forecast Follow Up - ALERT

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Gold market had been in a bottom testing phase for last few days. Today it just broke below the recent low $1,175.80. If it is not a false break, where the stops are not being taken away and then rush to higher prices, (the only way to verify that is, the 2 hourly closes below or above this level), then Gold shall travel down to the levels as indicated on the chart. Today's time cycle has kicked in and started with a bang from Gold Market, and shall continue with its wrath manifestation to the other financial markets.

GOLD Market Forecast Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gift of knowledge and ability to share

GOLD Market Forecast Follow Up

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GOLD Market Forecast Follow Up

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GOLD has put in intermediate top.

GOLD Market Forecast Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower, for blessing me with gift of knowledge and ability to share and help

I cannot thank My Creator, enough to bring my forecast to fruition. First Part has manifested and second part of lower prices in on hand.

GOLD Market Forecast Follow Up

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See the GLD for the update intermediate support zones

Time Cycle Completed - Correction On Hand - Follow Up

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I am just His Subject, Servant, selected by Him to help His Creations, if they seek

Please see the update on the forecast made last night.

Gold Market Update 03-26

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Time/Price Cycles angles once again defined the trend. Follow up to the earlier post.

GOLD Commodity Market Forecast Follow Up

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Did you not notice that I did not give any further support zone below the most recent support found by the gold commodity?

Gold has to clear the current congestion zone, before a strong move ensues!!

GOLD Market Forecast Follow Up 03-24-2010

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Thanks to The Almighty, Gold Commodity has followed exactly as predicted in March 17th Forecast. Click on the chart to enlarge.

GOLD Commodity Market Forecast Follow Up 03-24-10

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I have posted this attached and predicted to watch GLD to probe the $108 area before it start its downward target is tested.

Thanks to The Almighty's Blessing, I hope some of you did heed to my prediction. Today Gold is down another 1.5% again, following my prediction.

GOLD Commodity Market Forecast Follow Up 03-22-10

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Gold Commodity Markets followed the forecast. down another 1+%.
Click on the Charts to enlarge. I shall be watching out for a potential (?) bounce up to the $108.00 range. I am watching smaller time frame (10 or 15 minutes) on the charts to give me the clue