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

Summary:

• Over the past 14 days Natural Gas (CME_NG1) is up 19.08% (1^st Jan to 15^th Jan).
• Natural Gas has experienced an increased level of volatility of late.
• Over the same 14-day period live Cattle Futures (CME_LC1) are up 2.32%.
• With the start of January, we are seeing the new wave of summer cattle however, harsh weather and a fickle market mean that live cattle futures will continue to rise.

Natural Gas Spikes Again Amid Sudden Cold Snap

source: pxhere

Over the past 14 days Natural Gas (CME_NG1) is up 19.08% (1^st Jan to 15^th Jan). After a relative lull and lower prices over previous weeks, due to milder winter weather, prices shot up early this week as snow settles across the United States and Northern Europe. Natural Gas has experienced an increased level of volatility of late this is in part due to a steady dependency on gas to heat houses in a move away from other less efficient and environmentally friendly methods such as coal and plain electricity. The consequence of this means that with weather fluctuating each year it is difficult for producers to predict the market demands for natural gas. This market volatility is set to remain. In a recent forecast from I Know First this recent spike however was successfully predicted.

Live Cattle Futures

Source: picryl

Over the same 14-day period live Cattle Futures (CME_LC1) are up 2.32%. Most cattle are bred in the summer to ensure that their calves are born in the spring season because of both the temped climate and the abundance of pasture to feed on. Around 8 months of age, cattle are weaned from their mothers and sent to feed lots in order to encourage growth to full size (600-800 lbs.). With the start of January, we are seeing the new wave of summer cattle however, harsh weather and a fickle market mean that live cattle futures will continue to rise. “Feedlots continue to hold out for higher prices amid live cattle futures strength and rough weather conditions,” brokerage Brock & Associates said in a client note.

I Know First Successful Three-Day Commodities Forecast

On 1^st January I Know First algorithm issued bullish predictions for commodities for a 14-day time horizon. The predictions include Natural Gas (CME_NG1) and Live Cattle Futures (CME_LC1). Over the 14-Day trading period from 1^st January to 15^th January, Natural Gas and Live Cattle Futures rose by 19.08% and 2.32% respectively.

How to interpret this diagram

This bullish Platinum and Natural Gas forecasts were sent to the current I Know First subscribers on 1^st January

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