Review: Commodity and Bullion Predictions Aug 17-21

Summary of predictions: All predictions gave profits ( 7/7) even though we ignore silver  -eighth prediction classified as high risk which also would have given profits from shorting

Commodity and Bullion Prediction as Posted on Aug 17( for Aug 17-21)-weekly charts not available

 

 

 

Gold

 

Likely to rise after a possibe correction.Net gain uncertain

 

Gold declned to $ 930 approx on monday from $947 and then rose close or higher above $947 level by friday evening 5pm.

 

Silver

 

After initial  gain, it may correct with net weekly  gain likely.

 

However since gold and silver are very unlikely to display different trends, this prediction may be treated as high risk with higher risk on silver prediction.

 

Crude Oil

 

In a volatile market, crude oil may decline afte rinitial gain.Short futures till end of week

 

Crude oil futures continued to decline but rose towards end of friday evening( subject to confirmation)

 

Sugar

 

Likely to rise after initial and mid week correction .short futures initially

 

 

Rose after initial correction (?) with friday giving maxium gains

Red Chilli

 

short Red chilli futures as decline is possible after initial gain

 

 

Good profits from shorting .

Black Pepper

 

After initial correction may rise by mid week. Buy on every correction initially till mid week( wed-thurs)

 

 

Good profits from the strategy

Turmeric

 

same as Black pepper,net gain possible by end week

 

 

Good profits with good gains for turmeric overall

Cumin seeds/Jeera

 

short futures as decline in prices likely as least initially and mid week

 

prices most of the week( subject to confirmation) . good gains from shorting cumin futures overall

 

disclaimer: These category of predictons are not tested over large sample and also use a highly truncated prediction model using tarot cards( unlike stock market predictions). Those receing SMS must control investment to manage risks to tolerable levels. Risk and responsibility lies with user of these predictions