Dobri's Prognoses - results up to May 13th 2012

The prognosis on Gold from may 8th looks unsuccessful. My advice to buy below $1630 looks not the best decision as the Gold fell in later days to $1573. Anyway I think that if you keep gold for some weeks, even $1630 buy-price will be profitable. There is no fundamental factors against gold. A very serious argument in this way is the stability of the Swiss Franc, called often "liquid gold". Fundamentals against gold should influence also the Franc. But this does not happen. Therefore fundamentals must be unchanged.

The other prognosis on Gold - from May 9th looks successful. I advised to buy at $1584 and after that there were levels of up to $1600. Anyway cashing this profit is not the max you can do. I think cashing will be better at $1650.

May 13th 2012 14:33 p.m. GMT


P.S. In September 2012 Gold was again over $1700, i.e. the "buy" at 1630 was profitable...
Sept 7th 2012

Dobri's prognoses are not regular forecasts of markets, but forecasts at moments when Dobri believes the processes are predictable. Generally most of the time the markets are unpredictable. But sometimes there are factors that well analyzed can lead to a good prediction. So these are the Dobri's prognoses.


Interesting sites: Добри Божилов