Dear Members,
On Friday selling in precious metals witnessed as predicted though our medium-term outlooks are fantastic so get ready to buy if silver comes to the $21.03 level. Profit booking was recommended in gold at $1978, silver 24.68, and copper at the $431 level.
This is what we stated on Friday: Thursday precious metals came down on profit Astro day which is not good news. Base metals lost value as expected, stay away from base metals.
Precious metals and base metals shall be in your profit booking list today so higher side sell precious and base metals.
Friday will be the most important day for precious and base metals because higher side selling will come and if not that will be great news.
The below part is taken from page 78 monthly cycle of metals, from the “2023 Financial Predictions” book:
The first cycle is from the 1st of January to the 13th of February.
During this period, precious metals will perform mixed to positive. Prices will gain momentum between the 3rd to the 25th of January. This will be a good time to take long positions in gold because gold will play a father role for metals. Mining stocks will trade mixed to a bit positive. After the 25th of January, some volatility will make its way to both sides, as well as some selling pressure in the early parts of February.
Markets gained fanatic value from the lows as predicted, now consolidations will take place before it moves aggressively higher. SOXL is ready to move further higher. Follow or stock report for earning predictions. Our Astro support level of $107 worked very well for TSLA, it was a great buying recommendation and it performed well for members though who bought. On Friday it closed at the $190 level. AMZN, GOOGL, ACSL, SWKS, MELI, ALB, and many more look great bets even at the current price. TSLA won’t go below the $145.00 level now.
Don’t touch Adani’s stocks, they are in a longer-term bear cycle and will keep moving lower so higher side sell on any recovery if you have any long positions. After 2029 some positive trends will come for Adani. Also, from May 2023 to November 2024 is a supportive cycle so he may survive if he sails through until mid-April 2023.
Natural gas will be a great buy this week, avoid oil as oil may test the $70.11 level as predicted.
On Thursday and Friday last week dollar rebounded as predicted, book profit if it reaches the 105.78 level.
Trade in and out in grains and softs, coffee, and cotton are still on our buying list.
Thirty-year bond traded as predicted, buy on weakness around 127-00 level.
Thanks & God Bless
Mahendra Sharma