I commence with my gratitude to The All-Knower
Please look at my last week, “Weekly Forecast” for gold and silver for the subscribers to forecasting service. As you can see gold and silver have followed the forecast with faithfully, with The Almighty’s Grace.
I have stated in my forecast the following, see attached on the right,
“Silver and Gold are going to head higher into the 4/20-4/21. As Silver has stronger momentum than Gold. But recently Gold has been catching up and matching the momentum with silver as well.From Asian/European Markets hours on 04/17 (Sunday in the US), there shall be reversal into the prices. However, will lead higher eventually.
However if the Silver and Gold drop on 4/17 making “A” of the ABC (“/”) patten, then, they go higher into the point “B” and drop down again into “C” and then shoot higher. That means they may make a swing low (may be more than once) first between 4/17 and 4/20-21.
During this time cycle, you can only day-trade, if you are quick to enter and exit.Or If you are able to withstand these volatile moves, then you can hold on your long positions through this volatile moves. That is why I would be very cautious to hold my long positions, when these time cycle come due in Silver and Gold. These “V” or “Inverse V”, will also be very sharp ones too.
However, previous trend (most of time ……80%+) continues its course, which in this case was trending higher.
After the volatile days between 17th and 19th of April, Silver and Gold will resume their uptrend until 4/20-21“
Due to The Almighty’s Grace, all of my forecasts have come to fruition. LAST WEEK Close price of Gold was within $3.50 of my forecasted price. Updates are sent out to the subscribers, when needed. I sent out an update on 4/19, with the following chart, which showed a price target of $1,515.
Silver move of about 12% in one week and gold moves of up-to $120 in different swings, during the week, were predicted in my forecast. Just do the calculation with one contract of silver and gold futures, how much $$$… could you have made?
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
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