Some parts from this week..watch my warning, don't fight with wave of nature..
Predictions for 4 to 8 December
I have decided to give an important message before I write the weekly prediction for each commodity: This week will be very negative for almost all commodities (METALS, GRAINS, OIL AND SOFTS) and I therefore recommend that you get all position from commodities like metals, grains, energy and soft. Donít add or buy any contract in commodities during the next nine days. Book profit.
This week Monday should be top for gold $650......
A sharp fall in metals could start from Wednesday, so watch this prediction.
Mercury will play a spoilerís role in silver, sell around $14.18...
On Wednesday, silver will follow gold.
All these metals will have a weak trend during the week and I recommend not buying even a single contract in any of the side metals.
This week Mercury will bring bad news on Wednesday.
Sell the CRB index, which is forty percent weighted grains. Many commodity charts will turn to a bearish pattern from this week, therefore start drawing a bearish chart from this week....
We sold all major stock indexes and our main focus was the European market...
This week the bond will remain...
In the last six weeks coffee prices have gone up more than twenty percent. I still see them going higher on Monday and Tuesday, but it is time to book profit and wait for another opportunity, which should come early next year. In the month of December coffee will trade in the range of $131.80 to $119.80 so trade in this range.
Avoid these commodities for the next two weeks........
This week...stay away
Donít hold grains.
ONCE AGAIN, THIS WEEK IS FOR:
- Selling commodities or the CRB index
- Holding short position in the European stock indexes
- Slowly adding to the dollar
Thanks & God Bless
Sharma Mahendra, MONDAY