Review: Intra day Commodity and Bullion Predictions Aug18

 

See charts for each- Turmeric. Sugar, Gold, Crude oil.
 

Turmeric: Buy futures on correction or dips in morning-afternoon as prices may rise towards end of day. Shorting with stop loss can be done in morning on positve gains

 

Sept Turmeric contracts futures after falling rose as predicted

 

Sugar: Buy futures now if flat or mildly positive till afternoon. Shorting canbe done in late afternoon as sugar futures may tumble from day's high point towards end of day or late afternoon

 

 

Sugar futures continued to riseinspite  of late afternoon fall in spot prices

Gold : Gold futures may reach a high point in afternoon but may decline in late afternoon amidst volatility in prices

 

 

Gold spot prices reached a peak in afternoon before falling .also reflected in Gold 100 gms futures contract chart. ( ignore graph after evening as gold is continously traded like crude oil)

Crude oil: Buy futures if currently in negative  as it may rise by afternoon .Short futures in late afternoon as peak may not retained

 

 

Like Gold crude oil was highest in after noon before falling in late afternoon> ( ignore chart after  5pm as oil is continously traded)

 Charts from NCDEX website

 

 

See weekly predictions below

 

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