Gold Price Forecast Based on Algorithmic Trading: Returns up to 21.61% in 1 Year

Gold Price Forecast

This Gold 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

Gold Forecast
Package Name: Gold Forecast
Forecast Length: 1 Year (3/31/2019 – 3/31/2020)
I Know First Average: 16.88%
Gold Price Forecast

2 out of 3 top stock picks from the algorithm increased as predicted for this 1 Year forecasting period. XAU saw a monumental price change of 21.61% in just 1 Year. GLD also had excellent performance with return of 21.34%. The I Know First Average had a good 16.88% return.

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.

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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, you should use the most recent forecast. Get today’s forecast and Top stock picks.