Gold and Silver Markets' Forecast Update

Gold Forecast Update 8-30-11

I commence with my gratitude to The All-Knower

Gold has reversed from the $1,840 area and came back to the test the support at $1,795 area. "This level is the line in the sand." Either it must give support or fail and then fail miserably. It seems that it could be failing to hold. Failure at the level shall start to create a Head and Shoulder pattern. Full manifestation of this pattern shall lead gold lower by at least $210-$240. (Reverse shall be true, if this level holds, then gold shall lead higher than recent highs.)

Gold Forecast of 08/25 Update

I commence with my gratitude to The Ultimate Knower

Gold forecast of 08/25, update

On 08/25, I have stated the following possible case scenario, "and strong and decisive close above the $1,795 shall re-ignite the rally". and published the following chart, please click on the link.

Well, thanks to The Almighty, green arrows depicted the exact move of the Gold commodity, It got resisted at $1,795 area, then pushed back to the $1,760 area.

Then after the successful test the support at $1,7960 area, gold bounced off and rallied higher to $1,795 and thereafter, surpassing it and leading the $1,840 area. That is another $80 move expected by my forecast, have come to the fruition.

Stock Market Time Cycles Update

I commence with my gratitude to The Creator

Stock Market Analysis-
Forecast 8-25-11

Well, stock markets have done, what was expected and forecasted of them. Gap from the 08/17 area, has been filled, and it is happening smack in the middle of the time cycle for the change in the trend. Price objective has been achieved and Time Cycle has arrived to create a change in the trend.

What is the most likely thing to expect from the markets?....

Gold Commodity Forecast of 08/25/11 Update

Gold commodity forecast of 08/25
Update

I commence with my gratitude to The Ultimate All-Knower

Yesterday, I had alerted that, "Failure to break below this area of $1,761, means that there are some bulls around and want to aim the $1,795 area"

Well, today, Gold just did that. Gold has come up-to these NHN numbers. Why did it not try to reach other number?

These NHN Numbers are important part of the puzzle of Financial Market Time and Price Cycles, by which the markets are ruled by.

Gold and Silver Markets' Forecast Update

Gold commodity analysis 8-25

I commence with my gratitude to The Creator

Current price level $1,761 has been the Previous support and is now resistance area.

Rejection at this level is likely, it is 1/3 of the recent price drop.

Failure to break below this area of $1,761, means that there are some bulls around and want to aim the $1,795 area

Gold and Silver Markets' Forecast Update

I commence with my gratitude to The Creator

Gold had a false break of the support at $1,718 area and then bounced off from $1,703 level

Gold Commodity
Forecast 8-25-11

Resistance levels $1,763-$1,770 and $1,782-$1,795

Failure to recapture the $1,795 shall trigger another sell off

and strong and decisive close above the $1,795 shall re-ignite the rally

Failure at the $1,762-$1,765 level would show that Gold has stronger weakness at these level and would trigger a sell-off right here.

Next time cycle to watch out for CIT is on 08/26 - 08/29 (Friday/Monday)

Gold and Silver Markets' Forecast Update

I commence with my gratitude to The Creator

Gold Forecast of 8-23-11 Update

Gold has fallen hard, as expected and forecasted by me. It triggered short swing trade, once, it broke below the $1,752 level

Gold Forecast 8-24-11

Gold may find a support and littel bounce at the current level of $1,750 area . It might rally upto the $1,790-$1,795 area. and Failure to close successful above this area, shall trigger another round of sell off, and sell-off could range between $100-$180 .

Silver as stated in my last update, as been laggard, and is just following the lead of Gold

Upon failure at the current price levels and or after small relief rally of $33-$48. Next price targets $1,685 area for bounce and then down to $1,630 area.

Gold Drops 5.6% on The Worst day since March 2008

I commence with my gratitude to The Creator

Gold dropped 5.6% since breaking the very important support level of $1,852, as predicted by me.

Gold Forecast (Silver Forecast) Update - I Predicted Drop and Short Trade!!!

Gold Forecast 8-23-11

I commence with my gratitude to The Creator

Reaction of Gold after Forecast

Yesterday's morning, I alerted you to short trade and drop in the Gold Commodity, if it breaks below the $1,852, a very important level. As you can see from the chart attached here $1,852 level was tested several times within 24 hours, as support and resistance, then Gold dropped like a rock.

over $96 within one day, since the break of $1,852.

Stock Markets Update ii 8-23-11

I commence with my gratitude to The Creator

Markets have rallied another leg up in after lunch hour, and coming right up to the gap open level of 08/18. It is also the 50% retracement level from the high of 08/17. Market sometimes, tend to fade or fill the gap (full or partial), however, it is very likely to pull back now. It is just law of nature.

Market Forecast/analysis 8-23-11

Nevertheless, we ought to cognizant of two possible case scenarios.
1. Has the market bottom on 08/22 time cycle?... and this price level was retested on 6 different trading days. If that is the case, then markets need to over the resistance of 08/16-08/17 price levels
2. The market is experiencing the bear market rally and then shall drop like the rock again after fooling lots of retails buyers.

I feel that it is the second case scenario. Even if market tend to consolidate in the area of 08/17 highs, it shall end up forming a right shoulder, which would be spanning from April 2010 highs, with neckline in somewhat diagonal ascending from lows of Summer 2010

Stock Markets Update 8-23-11

Stock Market update and Forecast 8-23-11

I commence with my gratitude to The Creator

Markets have rallied exactly on my time cycle of yesterday (08/22) and have now reached the price levels, where we shall see the "b" wave, i.e., a pull back. Therefore locking in your profits of the long trade is advised. If the rally is to be continued, (which has the higher probability then, we shall the "C" wave starting after a pull back)

Gold and Silver Markets' Forecast Update

I commence with my gratitude to The Creator

The Gold price level of $1,852 is very important. Break below this level, shall trigger a swing short trade.

Silver Market Forecast

Silver Commodity Forecast 8-22-11

I commence with my gratitude to The Creator

Silver finally got over the resistance and is aiming for higher price targets, thanks to influx of money going into the Gold commodity. People are looking for alternative cheaper precious metal.

However, based upon the recent move in the precious metals, it seems that Silver is going to experience another serious reversal.

Next price targets are $45.6 and $46.10 to offer resistance. Silver next time cycle for resistance and reversal is 08/26 and up to 08/29

Gold Market Forecast Update

I commence with my gratitude to The Creator

Once gold passes the resistance level of $1,995 (which it will soon, most probably today), then next targets are $1,920, 1,939, 1,958, $1,976*, $1,997**. 
These shall offer resistance. Next time cycle for turn is on 08/26-08/27

Gold and Silver Markets' Forecast Update

I  commence with my gratitude to The Creator

Gold has been following my forecasts to the letter.

Friday, Gold reversed from $1,872 predicted level for reversal and traded down to $1,840's and then an alert was issued to go long again just before the end of the day at $1,840's range. It went to my target price area of $1,890 and it reversed when an alert was issued for reversal. These were over $300 moves ranging within last one week.
A long alert was issued previously, when gold was at $1,590 area. (see previous posts)

Gold Forecast of 8-16-11 Update

Gold Forecast of 8-16-11 Update

I commence with my gratitude to The Creator

Gold has reversed from the strong resistance $1,872 area, as previously predicted.

As a matter of fact all predicted price levels were the only levels which offered  resistance. (and support).

Gold was trading at $1785, when I said, that once it found its support there, it shall be eclipsing the recent highs of $1810 area and shall go higher. I had given out the price levels in another forecast.

Stock Markets - Time Cycle ALERT 8-18-11

I commence with my gratitude to The Creator

Stock Markets broke down today with a run away gap. This is the indication that we have second leg down starting, as stipulated in my post dated August 15th, . This break away gap down took place after the topping pattern being completed around the time cycle of 08/16-08/17, and at the failure of my suspicions about 1,200 level of S&P-500 that markets might fail in their rally attempt there. Which it did occur.

Now next turn in markets time cycle is on Monday 08/22, and next one is 08/25-08/26 (most probably on 08/26). Break below of the 08/09 low, shall create capitulation reaction in the market decline. If that occurs within these 2 time cycle dates, then we shall have another swing bottom being formed. Price levels are in my earlier post today.

Gold and Silver Markets' Forecast Update

Gold Forecast Update

I commence with my gratitude to The Creator

Gold commodity kept bouncing off support level ($1,785) stipulated by my previous post and it had rebounded sharply since then, as I had predicted.

Gold did start its move higher on the time cycle of 8/16 midnight.

Stock Markets Update 8-18-11

Stock Markets Update and
Forecast 8-18-11

I commence with my gratitude to The Creator

S&P-500 level of 1,200 being reached and coinciding it with the time cycle of 08-16/08-17 have proven to be fatal for the markets' recent rally.

Markets have confirmed the direction of the markets.Market has not only broken the support of the low of day on 08/16, but also very important support at the highs of three highly volatile days of 8/18-8/10, which attempted to market a near term bottom and started 850+ points rally of Dow Jones or 8+%.

When a market is unable to maintain the counter trend move beyond the 38.2% of the previous trend, then previous shall remain dominant and market shall continue to move in the direction of the previous trend. Once market break the low created in the said three volatile days, then it is heading much lower. Next SPY Targets for example are %107.8 and $104.20.

Stock Market Time Cycles 8-17-11

Market Analysis/forecast 8-17-11
S&P-500

I commence with my gratitude to The Creator

Markets have tried to trade above 1,200 level of S&P-500. But it keeps hitting the resistance. 8/16-8/17-11 is a time cycle turn window. The price resistance lies at 38.2 retracement level of 05/02 high to 08/09 low and it is also 50% retracement from break down from 1,300 level.
 Therefore, markets are under strong pressure to trade lower due the time cycle and price level. Market must not break the yesterday's low. Breaking the 08/16 low shall make lower low and thus it would change the current up trend into the change of trend, technically.

GOOG Forecast 8-16-11

GOOG Forecast 8-16-11

I commence with my gratitude to The Creator

GOOG has fallen hard, today, with over 3%+ decline. However it stopped its decline exactly today and made a low of the day at the 61.8% retracement of it recent run up from June low to July highs, then it bounced off its low of the day. Furthermore, 08/16 marked its 21 days of decline since its July 26th high. Therefore, time cycle and price are coinciding and GOOG must rise higher now. As long as market doesn't start correction. If another leg down starts then GOOG current up-move potential shall be invalid.

Gold and Silver Markets' Forecast Update

Gold Analysis and
Forecast 8-16-11

I commence with my gratitude to The Creator

Gold has been finding support, since it fell hard, after it hit my forecasted target f $1809 area. After it bounced off 1,720 area, it has recently traded at $1,785 area. $1,785 is a strong resistance area. Failure at this level shall push gold back to below $1,700 area.
As it is true for all resistances, once this area is cleared then, gold shall traded even higher and it shall eclipse recent highs with no problem and shall seek new higher prices. Which has been posted in my prior posts. Next  time cycle for potential change in trend is 08/16-08/17.

Stock Markets Update 8-16-11

i commence with my gratitude to The Creator

Markets have stopped at the S&P-500 strong resistance level of $1,200 (just to trick some stops, it peeped up 3.5+ points and then tumbled today. Natural Harmonic Numbers always offer strong resistance, especially when they align with the time cycle.

Markets have pulled back 23.6%-25%, a normal and preferable pull-back under a rally or up trend. SPY and QQQ both have retraced with such amounts.

Is that it? Are we done with pull-back and now shall resume the rally? Of course, the price action shall tell the tale. However, based upon the current analysis, it seems that way. and that is the minimum retracement and pull back, I was hoping to get, to give another steam of buying.

Stock Markets - ALERT

I commence with my gratitude to The Creator

Markets have climed higher today. However, We must watch out the 1,200 price level of S&P-500. It is very strong price level and it is also a Natural Harmonic Number, A resistance, here and failure to climb above this number decidedly, shall be "NOT GOOD" for the markets. It could result in starting another wave down...!

Please understand that due to the market volatility, we ought to have all options open. Although, it is natural, to have a pullback upon hitting a strong price level as resistacne, and once we are clear above the 1,200 after the pullback, then S&P is looking for the targets as posted i.e., 1,222-1,225, and 12,53-1,260 (updated later in 12.25 PM)

Stock Markets Forecast of 8-8-11 Update on 8-13-11

US Stock Market Long Term Outlook -
Bear Market 2011-2013

I  commence with my gratitude to The Creator

Stock Markets decline have found resistance, thus creating a bottom, of recent sharp decline.
The severity of this decline has only two comparison in the recent history since last depression of 1930's. First was October 1987 decline and second of September 2008, and now we have August 2011 (Next such a sharp, even sharper, decline shall occur in the month of July 2012).

Markets current price behavior depicts that, US Markets have started a "GIANT" topping pattern. It is Head and Shoulder Pattern, spanned over the 14+ years. That shall mean if it materializes then, we shall have a devastating, countries destroying stock market decline in the future. That is the long term case scenario. There is small likelihood that markets might develop a expanding and yet a "topping" pattern, thus, attempting to eclipse the recent highs. However, as it seems, it is less likely.

Markets making a near term
bottom 8-12-11

Markets have expanded since 1987, in form of a 5 waves up trend, Where second wave started at the bottom of 1987, and culminating the 3rd wave at October 2007 top. 4th wave was the low March 2009, which was exact 61.8% retracement of all of the bull-run from a1987-2007 (a twenty year cycle).

Market shall have "very important swing" in March 2012 (most probably a bottom). Markets shall either go down into the November 2011 or even November 2012.

However, for now, Stock Markets have put in the near term bottom and it is perfect wave pattern bottoming process. Markets are potentially going up-to S&P-500, first level of resistance of 1,20-1,225 and then next target is 1,253-1,260. and Yes, World's stock market will be following suit.

Crude Oil Forecast UPDATE

I commence with my gratitude to The Creator

I had predicted the Crude Oil will test the $87.50 high area, after it will pull back to the area of $84.20, this is where a long was triggered. Crude Oil today's high was $87.43 (in some exchange charts, it is $87.40)

Stock Markets Update

I commence with my gratitude to The Creator

Markets have rebounded nicely. However, it prudent to close long positions and lock in the profits from last 2 days. I'll be posting potential targets for higher price, later on today. Markets may have already put in the high of the day!! (QQQ turning below $53.45 area, would mean that QQQ wants to retest the area of $52.75)

Stock Market Forecast of 8-11-11 Update

I commence with my gratitude to The Creator

I had posted an analyses and forecast that the price area, where markets have fallen to, "This area offers a strong support" I further added that if that alone is not an "enough reason, to create reversal", then the stronger reason is the "time cycle for potential change is 08/11". I concluded that , we ought to be ready for a bounce off from yesterday's close. I had also posted a chart, with potentially Inverse H&S being formed, which remained valid.

Well, today, once again, Forecast came to fruition and was proven correct and Time Cycle did have lots of air, enough air the blow the markets indices 4-5% higher from yesterday's low.

Gold and Silver Markets' Forecast Update

I commence with my gratitude to The Creator

I had warned for Gold's potential correction to start this week. After the time cycle of 08/08, today was the time cycle already predicted in my weekly forecast. I had given out the price targets for the Gold, where reversal was imminent, when such price targets are achieved within the time cycle. Today, Gold peaked above my price target of $1,809 and it occurred today. Therefore, next obvious thing was, that Gold must fall. Which is did ..

$70+ Dollars

Stock Markets Forecast and Update 8-10-11

I commence with my gratitude to The Creator

Markets keep pushing down. Yesterday's rally was used to sell again, today. However, if we look at the chart, we see that today low did not violate the recent low of last 2 days. Markets closed just notch above the yesterday's low or 08/08 close.

Market Forecast 8-9-11 - Dow Jones Industrials

This area offers a strong support, which has lot of probabilities going for it. For example, current leg down is 127.2% f the correction of April - June 2010. Furthermore, there is some more clustering of Fibonnaci and Gann support levels, such as it 1/3 or the total bull run from March 09 to April high of 2011. and this week low also coincides with the 2/3rd of the July 1 2010 low the 2011 high. Is that enough reason, for the rally to continue, only the price action of the market will tell it tomorrow. But we ought to be ready for bounce off the low of this week. Other alternative is the market keeps going down. However, bears are running out of the momentum. and it is last of their attempt. If market does continue to drop, then it ought to find the support at 10,450, 10,100 or 9,700 for Dow Jones Industrials. Last two numbers are like brick walls. Bears will get bruised real bad, once they hit those levels, thus giving bulls will take over the control of the markets, then. Similar areas of support for S&P-500 lie around the area of 1,098, and 1,020. Next time cycle for potential change is 08/11. If the market continues to drop, then, next time cycle shall be 50% of previous time of leg down, which 08/13 (being it the Saturday), then Friday Close (or Monday) would be the turn date for the markets.
No Matter What, This week shall create a turn for the markets. Next week, markets shall start seeing big green bars (if it does not start within next two days)

Financial Markets Update

I commence with my gratitude to The Creator

Today's price action, is further confirming that we are in the bear market trend. and all rallies shall be met with the opportunity to sell. So was the yesterday's rally.

Stock Markets Update

I commence with my gratitude to The Creator

Markets did, what markets must do in a rally, to validate the bottom by retesting it. That's why markets have dropped to retest the lows made within last couple of days. Successful test of the lows, shall make the markets go higher., and retest the neckline as shown in one the previously published chart of H&S pattern.
Caution: This Week's lows must not be violated on hourly chart on close basis.

Gold Forecast 8-8-11 Update

I commence with my gratitude to The Creator

Weren't you alerted FREE of charge, that 1,767 area is VERY VERY STRONG resistance?

How many of you traded that? Gold was pushed back three times today from that strong resistance, each time $40+, $50+, $50+ move.

Stock Markets Forecast of 08-08-11 (and of 08-06-11) Update

I commence with my gratitude to The Creator

Even paid fund managers and advisers are allowed to be wrong. By law, they cannot be held responsible for their mistakes, unless malicious intent was there. But here I have FREE Blog, and people demand me to be right and have no patience to wait to see the results of the forecaset. They want it on the spot delivery. Where is "The Explosive Rally"

The Answer given to you by the Markets (and of course by My Creator)!
Define the Explosive Rally? You define something with something when it is not. For example, light is light due to the comparison with the darkness.
Headlines say that today is the best day of recovery since end of bear market of 2008. WOW, what is Massive Rally!
Not even the end of bear market 2008 was marked with this significant recovery day or rally. That is the called the Massive Rally or Recovery.
Today from the low to high range: Dow range 638 points, Nasdaq 154 points, and S&P 71 points. All leader stocks rallied 6-15% today.

Yes My Time Cycles have air. and Yes, no need to apologize for some people's rudeness.
Headline used the word ROCKET HIGHER = Does that mean EXPLOSIVE RALLY?
You ask me where is the explosive rally? You can answer that yourself now!

Crude Oil Forecast of 8-8-11 Update

I commence with my gratitude to The Creator

Yesterday, you were alerted along side with the subscribers, that Crude Oil shall rally up-to $80 and and rally beyond $80 shall be met with resistance at $83. level. Crude oil went higher to $83.05 and then dropped sharply. My time Cycles do have air ;-).

Stock Markets Forecast 8-6-11 Follow Up

I commence with my gratitude to The Creator

I had alerted that yesterday was the time cycle for change. Stock Markets dropped into the time cycle. And Today NASDAQ Composite rallied 88 points, or 3.5+% along with other US indices. NASDAQ was hit the hardest yesterday. Law of Nature, rebound has to be according to previous action.
Time cycles do rule.

Gold Forecast Update - Gold Dropped $50 @ the forecasted price and time

I commence with my gratitude to The Creator

I have alerted my subscribers and you the readers, when Gold was trading at $1,767 range that this is reversal zone. Gold dropped $50+ right after hitting the price target.

Gold Forecast Update

I commence with my gratitude to Ultimate Knower

Below is another copy of the Gold/Silver Forecasting Subscription alert issued earlier today.

"Further up targets are $1.787 (+/-$4). once beyond $1,800. Then potential price reversal are at $1,809, $1,819, $1,837, $1,851, $1,872, $1,890"

Crude Oil Forecast UPDATE

I commence with my gratitude to The Creator

I am also releasing my weekly subscription forecast, COMPLIMENTARY for the readers of my blog.
Last week, I had alerted the subscribers that crude shall have a waterfall decline, which it did. I further GAVE THEM that the targets of $92 and even below targets of $88.


 Current outlook: A rally over $80 level will be met with great resistance at $83 area.

Financial Market Time Cycles Update

I commence with my gratitude to The Creator

Although, markets have broken through the supports (which is common factor during the Mercury Retrograde period), but sometimes, it fools people to think, that we have further decline coming (which will come but not straight fall). All markets moves occur in wave formation, which is harmonic to the Laws of Nature. Therefore time cycle are still valid. There is time cycle of 08/08 (08/05 +1 trading day), which was due today. Markets have crashed into it.
Markets are very prone to an explosive rally right now, regardless of the breaking of the support, which wouldn't be expected if it wasn't Mercury Retrograde.

However, it has been confirmed due to the severity of decline, that we have bear market on our hand. All rallies would be bear market's rallies.