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

Summary:

• Platinum (^JPLAT) sees a remarkable return over the past month with a return of 29.96%.
• Platinum has consistently risen over the past year with an increase of +86.96% over the last year.
• A drop in U.S. gasoline stockpiles that was more than double market expectations lifted futures prices for the fuel to their highest in over four months.

Platinum (^JPLAT) sees a remarkable return over the past month with a return of 29.96% from 4^th February to 4^th March. This demand is led by the strong need for its ability to reduce harmful emissions in cars. It is a critical part in a catalytic convertor in car exhausts. This commodity has consistently risen over the past year with an increase of +86.96% over the last year. I Know First has consistently been forecasting this increase and correctly tracking the rise of this precious metal.  

Gasoline Futures

Gasoline Futures (CME_RB1) are up 24.56% over the past month. A drop in U.S. gasoline stockpiles that was more than double market expectations lifted futures prices for the fuel to their highest in over four months. Following a severe rise in domestic US crude inventory oil prices have declined. U.S. President Donald Trump said trade talks between Beijing and Washington were moving along well but offered few details.

“Selling in equities played a significant part in today’s oil price weakness,” Jim Ritterbusch, president of Ritterbusch and Associates, said in a note. “Further reduction in risk appetite and any additional downgrades in the global economic growth path could eventually weigh across the energy spectrum.”

I Know First Successful Commodities Forecast

On the 4^th February and the 10^th February I Know First algorithm issued bullish predictions for commodities for a  30-day time horizon. The predictions include Gasoline (CME_RB1) and Platinum (^JPLAT). Over the trading periods from, Gasoline and Platinum rose by 24.56% and 29.96% respectively.

How to interpret this diagram

These bullish Gasoline and Platinum forecasts were sent to the current I Know First subscribers on the 4^th February and the 10^th February respectively.

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