Gold,brent, eurusd,silver predictions for july 2011

please read the previous post for gold predictions for July

1. brent crude is likely to be be range bound with possibility of range of $110-120 dominating.corrections mat occur sharply at end of month and in next few days.Long position created at $110 or lower in brent crude will mostly be profitable in july but a $120 may incur losses.


2. Eurusd: lon position in eurusd a 1.4300 or less will be safest.Eurusd is expeced to peak in  middle phase of july coinciding, understandably, with peaking of $ price of gold

3. buying gold likely to yield profit through most of july if bought at $1500 or less .possibility of temporary  lower level in next few days possible

apart from silver prediction to be posted soon ,a new approach to predicting "profit" threshold points for buying commodities will be undertaken

disclaimer: usual risk disclaimers apply.