Gold forecast: third weekly decline
In accordance with the forecast, Gold futures trended lower in late afternoon hours in east Asia, putting the metal on track for its third straight weekly decline. Gold was pressured by softer regional economic growth data that stoked worries of a weakening in global economic activity, fueling safe-haven gains in the U.S. Dollar.
Gold forecast and the prediction for the major commodities: Crude Oil , Silver based on “I Know First” predictive Algorithm.
Forecast date: September 23 2012.
Time horizon of the forecast: 30 trading days from September 23 2012.
The forecast includes predictions for:
- Gold price direction.
- Crude Oil price direction
- Silver price direction.
- XAU/XAG price direction
- Click HERE for the updated forecast for Gold, Oil, Silver, XAU/XAG.
- Click Here for the updated Gold forecast.
- Click Here for the updated Commodities forecast.