Showing posts with label bullion and commodity predictions for june. Show all posts
Showing posts with label bullion and commodity predictions for june. Show all posts

Wednesday, June 01, 2011

Prediction: correction expected in gold,silver,brent crude, eurousd -Par t 3

please read the detailed predictions on gold,silver,brent/nymex crude, Eurusd for june and also oil prediction for next 3 months

It would not be complete without choosing levels to sell though they are not part of predictions.usual disclaimers apply

Spot price
Current price June 1
Sell at
Gold price
$1535.60/oz
1542-45
silver
38.16/oz
40-43
brent
$118  per barrel
118-125
eurusd
1.4443 per Euro
1.4490-1.4560


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Part 2: Should you buy or sell Gold,Silver,Eurusd and Brent petroleum in June 2011? and beyond

Part 2:June Forecast Prediction for price of Gold, Silver, Brent Crude, Eurusd rates

We have made detailed predictions using variations of Tarot card model developed over last few years  to make predictions about price behaviour of  key commodities, forex traded widely. Please one of the recent posts (may 31- June 1)for snapshot of our predictions.

We have made detailed predictions for Brent crude prices including 3 month outlook and less detailed June outlook for  Gold, Silver, Brent crude prices. Prediction are in US$ hence effect on local currencies may be different

Prediction are based after considering spot prices, various ETFs ,various grades of oil and futures traded in each of the commodities and looking at common patterns


Predictions for  June outlook- (in US $)
EurUsd

Correction in Euro(depreciation) interrupted by recovery in mid phase of june. Overall buy US $ Dollar
Brent petroleum
Correction mostly hitting lowest mid june, possibly again in last week of June
Gold

Correction US $ prices
Silver

Correction in US $ prices



Most dominant price range
June 1-10
June 11-20
June 21-30
EurUsd

NA- buy dollar .correction dominat
Euro correction after initial rise
Euro bounce-back in early phase
Euro again corrects
Brent petroleum
$100-110 Small probability of hitting $130 early or end June
Correction after rise
Lowest monthly prices
Chance of another low
Gold

NA. overall correction
Correction after rise
Lowest prices
Rise in last week
Silver

NA.overall correction. highest risk prediction
---
Lowest prices
Good Rise in last week

Price outlook
June
July
August
Brent petroleum
( Sell july futures, buy august futures after corrections
Volatile, choppy and good corrections
Volatile but Sharpest correction
Good rise

Though this is jumping the gun, but based on patterns indicated especially for Brent crude and Eurusd, we believe Gaddafi may be out by/before  mid july  and a significant Eurozone decision about Greece or Eurozone related developments


Call 0091-9971355662 or 0091-9911698256 to buy our God gifted intra day predictions

Disclaimer: You are responsible for consequences of using these predictions.Please use fundamental, technical,short run macro and political conditions to make balance trading judgements rather than  rely on any  single parameter. Our brent price predictions is contrary to revised bullish prediction for brent oil  made by Goldman Sachs (for year 2011