Gold Commodity Market Has Reached An Important Resistance Level, Thus Get Ready for Gold Commodity Market Correction - UPDATE

I had previously issued a market forecast for Gold and GLD (Gold Spider Trust) on December 02, 09 that I foresaw an intermediate top in the Gold commodity. I, further, stated that December 03, 2009 shall be the a top price day for the Gold and Gold Spider Trust, symbol, GLD.
Gold is following my Market Forecast impressively      ................  Today price action proved my forecast to be correct.  It was spot on. Gold and GLD has dropped over 5% since yesterday high. Thank you, The Almighty Knower, for Blessing Me the Knowledge!! 
(Click on the chart to enlarge.) 
That is $50 drop in prices for Gold.

GoldmanSachs (GS) Stock Has More Downside To Come

I was looking at the GS, today. It is exhibiting the price action, which foretells further downside for this market.Based upon current price action, Goldman Sachs, symbol, GS, ought to move down further, farther below than I had originally forecasted.  My previous forecast called for $161-$162 price target.

A Quick Stock Markets Forecast Made on 07-24-09 For S&P 500

I have made a stock market Forecast, without a great scrutiny, on July 24, regarding a price level and issued a forecast for a price resistance. That area created a consolidation for 9 trading days and then 20 points drop in S and P 500. That stock market forecast, saved you from staying long and protected the already gain in the long positions in the Stock Market and forecasted for an opportunity to go short the stock markets.

  results after the forecast

Gold Commodity Market Has Reached An Important Resistance Level, Thus Get Ready for Gold Correction

Part of this was written on 12-02-09 and posted on other forums.  (PS. c lick on the charts to enlarge the chart size)

Gold Cycles Squaring:

In my humble opinion,  Gold Commodity Market has reached an intermediate top. Gold price from its all time low in from 1980's, has been squared at today's high level. There may be some fake out, due to stops being triggered. However, the price and time cycles have been squared from several analyses perspectives.

Gold Spiders Trust, symbol GLD high from 2/20/2009 squared at today 's prices. Gold 1980's low got squared today., as well. GLD low on 10/22/2008, might get squared 12-03-09, thus we shall have confluence from very important low. (some of the informations on the Chart is revealed but not explained, to help stimulate pondering among seekers!!!)

Squaring Angles have also confirmed that squaring is either complete or shall be completed within a day or 2.

45 degree angle from a significant low or high, always, causes an important change in the direction of trend. 30 degree angle too balances, (remember, balances) the time and price. If the price have gone up rapidly, then it shall overbalance the time and price. Or if the trend is continuing in a normal ascend, then it shall help!!

(Click on Charts to enlarge)

Sock Market Forecast on 11-17 for Decline in Stock Markets Prices

I forecasted on 11-17-09 that Financial Market are ready to see a correction

Another BIDU Stock Alert Issued Intraday

On 11-23-09, I noticed that BIDU stock just completed Price and Time (minor) Cycle, and squared in price and time and therefore issued immediate alert and Market Forecast for BIDU stock that stock shall decline immediately, in public forums,

and result of the forecast

AAPL Stock Forecast Follow UP

Picture is Worth Thousand Words and also in this case Thousands of Dollars ($$$$)

My BIDU Stock - Market Forecast

It is really great Blessing of The All Knower, that I am able to recognize the Change in Trend in the Stock Markets, due to the knowledge and expertise bestowed upon me by Him.
See the following Market Forecast, I issued for BIDU stock, on 11-1-09, In my market forecast, I alerted that BIDU stock is very good candidate for a short position, if the stock market starts stumbling. (I had separately foretold and issue a Market Forecast for Stock Market, in another post that stock markets are very vulnerable and must have price decline.

(click on chart to enlarge)

and this forecast meant in $$ Value

 and just one trade of 150% in ONE DAY could set your trading account in a very healthy shape!!!!

QQQQ Market Forecast Results

I had issued a market forecast that a pattern is being developed. I saw in happening, when it even had no obvious shaped.
Thanks to The Almighty, another one of the forecasts came to successful fruitation.

Before without the pattern shape!!



My Forecast!!!

  and Result

Could you have used this $$$$ forecast??

GoldmanSachs (GS) Stock Forecast and Aftermath

Successful trader just does not rely on only one indicator or tools. He/she uses multiples tools to confirm the conclusion of the analysis.

See the following market forecast, where I had predicted a change in the trend for Goldman Sachs (GS)

Actual swing low of GS Stock correction, was $165.30, that is again over $20.00 drop. and 14% price drop. That alone could have doubled one's trading account in less than month!!!!!