Gold prediction based on a predictive algorithm . Contact us: gold@iknowfirst.com

Summary:

• Over the three day trading period from January 06 to January 10 crude oil future settlements (CME_CL1) saw returns of 9.65%.
• Palladium (PALL) has risen +9.33% over the past 14 days in good agreement to the bullish I Know First forecast.
• On January 6^th I Know First algorithm issued bullish predictions for commodities for a 3-Day time horizon.

Crude Oil (CME_CL1) returns 9.65% in 3 days

Source: pixabay

Over the three day trading period from January 06 to January 10 crude oil future settlements (CME_CL1) saw returns of 9.65%. This follows the previous weeks fall of  -19.16% highlighting the volatility the oil market is currently experiencing. The recent rise is partly due to supply cuts from OPEC and its allies such as Russia. Similarly, the USA recently re-introduced its tough sanctions on Iran a large global producer of crude oil. Moreover, Brent Crude (ICE_B1) and United States Oil (USO) rose by +8.10% and +9.04% respectively in the same period highlighting how such trends in price fluctuations are not isolated and influence investors across the entire oil industry.

Palladium (PALL) returns 9.33% in 14 days

Palladium (PALL) has risen +9.33% over the past 14 days in good agreement to the bullish I Know First forecast issued on the 24^th December. This precious metal has a unique use in helping turn toxic pollutants into less-harmful carbon dioxide and water vapor. Consequently, approximately 80% of palladium produced ends up in car exhausts. Following the increased regulation from China to cut emissions and Europeans disfavour of classical diesel engines where platinum is used the demand for palladium has outstripped the supply. This is partly due to the nature in how palladium is a by-product of nickel or platinum mining and supply is not directly responsive to palladium demand.

I Know First Successful Three-Day Commodities Forecast

On January 6^th I Know First algorithm issued bullish predictions for commodities for a 3-Day time horizon. The predictions include Crude Oil (CME_CL1) and Palladium (PALL). Over the 3-Day trading period from January 6 to January 10, Crude Oil and Palladium rose by 9.65% and 0.55% respectively.

How to interpret this diagram

This bullish Platinum and Natural Gas forecasts were sent to the current I Know First subscribers on January 6^th

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Please note-for trading decisions use the most recent forecast.