Gold forecast based on algorithm: chart of last 9 months predictions
I Know First, a startup firm, has successfully predicted the price of gold throughout the past year and has a strong track record tracing back even further, by analyzing fundamental variables such as volatility, volume, and short-term trends. The Chart shows the algorithm’s predictions for the past year.
The gold forecast from August 16th 2012 till May 6th 2013.
The forecast is based on the 90 days prediction of “I Know First” predictive algorithm
How to read this chart?
Each point on the chart was taken from the actual daily forecast published the morning before the next market open. The chart shows the actual price in thick blue. The positive or negative (Up or Down) signals of the forecast were added to the actual last known price at the time of forecast to result in signal lines. Thus, when the signal line is above the actual line, it means “buy,” if below, it means “sell”. The green and red arrows show what would be the best times to enter the market. The widely ranging signals are scaled relative to the previous average signal range to bring them into manageable scale to fit them all in one chart.