Wednesday, December 14, 2011

Gold and Silver Commodities Forecast Update

I commence with my gratitude to The All-Knower

I had stated in my last gold and silver forecast, published on 12/13, "it confirms my estimate that failure to hold current levels created by 12/12 time cycle, shall take the gold lower to $1,608 level and even lower, until the next time cycle, which is few days away, i.e. 12/18. "

Gold and Silver are continuing their decline, as forecasted by me, and it shall not stop until the next time cycle.
Gold Forecast Update 12-14-11

If you were part of my advisory group, then you would have known that once 1,595 is broken then look for support at $1,562 range.
More downside is expected. as it has broken the very important support level and next time cycle is not here yet.....!!
Next level to watch is $1,507-1,515, once it falls below $1.532 level.

Silver is following the pursuit of decline....It is going the retest the lows of $26.2 before the time cycle of 12/18/11

If would like to be part of the profitable group of people who use my advisory services, then send your inquiry at Trade.N.Harmony@gmail.com

2 comments:

Anonymous said...

Nice call.

Anonymous said...

If I remember correctly, you have called a bottom for gold and silver.

Given the strength of USD, a possible head & shoulder reach to 87.

What's your update medium to long term view on gold and silver.