Gold & Silver Commodity Market 03-04

Commence with Gratitude to The Most Benevolent, The Ultimate Knower

Gold and Silver Index XAU, has not been able to clear, as illustrated in my previously post chart, the resistance set forth by the price/time cycle angles. GLD has also traded within the target prices. I believe that yesterday was the day, when time cycle has  triggered the price cycle on the hourly chart. Thus it shall create the change in the trend.

GOLD & SILVER Market Forecast Follow Up - About Correction

All Gratitude and Praise eternally is entirely and exclusively for the All Knower, Who Has Blessed me with His Knowledge and giving me the ability to spread to His people

I have humbly warned you about these price levels on Gold. In my forecast posted on 02-07, I stated that price and time shall top here (on yesterday close of SPDR Gold - GLD). Gold is down over 1% today, with gap down.

GOLD & SILVER Market Forecast Follow Up

Commence with The Most Benevolent and The Ultimate Knower, for the Blessings and ability to spread

Gold and Silver have retraced to the resistance levels, as indicated in my previous posts. I, therefore, foresee another corrective move. (click on the charts to enlarge)

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Silver Update

Thank You My Creator, for the knowledge and blessings.

Silver support zone is approaching.

SILVER and GOLD Market Forecast Follow Up

Thank You My Creator, for bestowing the knowledge and ability to help others!
On January 11th, 2010, I had alerted with my forecast about Gold Commodity. Until that time, I had never looked at Silver Commodity. On that particular day, I heard a voice, inside me, which urged me to analyze the Silver Market, along with Gold Commodity. (see the copy of my silver forecast click on the picture to enlarge)

The precious metals fell hard from their secondary (primary or first swing high were made on my previous forecast of December 3^rd, 2009) highs of January 11^th through Thursday, January 28^th. Gold crest at 1163 on January 11^th then plunged to 1072.20 on Thursday, January 28^th, for a loss of 7.72%. But price decline of Silver was impressive. After making its secondary swing high at 1892 on January 11^th, it collapsed to 1602 on Thursday, January 28, for a total price decline of 15.3%.

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