Commodity Price Predictor Based on Predictive Analytics: Returns up to 4.36% in 3 Days

Commodity Price Predictor

This Gold forecast is part of the Commodities Package, one of I Know First’s algorithmic trading solutions for commodities outlook. This package gives predictions for Gold and other precious metals for the various forecasted time frames and includes our algorithmic outlook for:

  • Gold ETF (GLD) direction
  • Physical Gold (XAU) direction
  • Silver (XAG) direction
  • Brent Crude (B1) direction
  • Oil (CL1) direction

Package Name: Commodities
Forecast Length: 3 Days (04/30/2017 – 05/03/2017)
I Know First Average: 2.90%
Crude Oil Price Forecast

In this 3 Days forecast for the Commodities Package, there were many high performing trades and the algorithm correctly predicted 5 out 5 stocks. The top-performing prediction in this forecast was XAG, which registered a return of 4.36%. Other notable stocks were CL1 and GLD with a return of 3.27% and 2.31%. B1 had a slightly lower return than GLD and XAU with a return of 2.26%. The package had an overall average return of 2.90% during the 3 day time period.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.