Gold Price Forecast

This Gold Price forecast is part of the Commodities Package, one of I Know First’s algorithmic trading solutions. This package gives Gold Price Forecast 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

Package Name: Gold Forecast
Forecast Length: 3 Months (1/16/2020 – 4/16/2020)
I Know First Average: 10.48%

During the 3 Months forecasted period several picks in the Gold Price Predictions Package saw significant returns. The algorithm had correctly predicted 3 out 3 returns. CME_GC1 was the highest-earning trade with a return of 10.71% in 3 Months. XAU saw outstanding return of 10.40%. The package saw an overall yield of 10.48%.

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.

View more gold forecasts

How to interpret this diagram

Algorithmic Gold Forecast: The table on the left is the gold and commodity forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 3 gold in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note that if you are considering the information of this article for trading decisions, use the most recent forecast. Get today’s forecast and Top stock picks.