Gold News: Goldman Sachs Sticks to Its Bearish Call on Gold

Goldman Sachs expects gold prices to drop by the end of 2014 even though it is currently up by more than 8% for the year.

Gold Prediction: 2.74% Drop in 14 Days

Gold Prediction Based on Algorithms

Long:

  • Gold ETF (GLD) direction
  • Physical Gold (XAU) direction

Forecast Length: 14 days (7/1/14 – 7/14/14)

Gold Prediction: 2.51% Gain in 1 Month

Gold price prediction from June 14th (before market opening) until July 14th 2014 based on “I Know First” stock forecast algorithm.

Commodities Prediction Based on Predictive Analytics: 11.86% Gain in 3 Months

The commodities forecast includes prediction for the Top 10 commodities for the past three months: 10 commodities with the strongest signal that fit for long position.

High Gold Prices in the Coming Week

Following strong technical performance and geopolitical worries, gold prices are expected to rise according to the weekly Kitco News Gold Survey.

GLD Forecast Based on Algorithms: SPDR Gold Trust ETF’s Chart of the Last 5 Months

I Know First has successfully predicted the price of Gold throughout the last year and has a strong track record tracing back even further. The chart shows the algorithm’s predictions for the past 5 months.

Gold Prediction: 11.95% Increase in 1 Month

Gold price prediction from June 10th (before market opening) until July 10th 2014 based on “I Know First” stock forecast algorithm

Gold Prediction: 13.82% Increase in 1 Month

Gold price prediction from June 8th (before market opening) until July 8th 2014 based on “I Know First” stock forecast algorithm

Gold Prediction: 14.62% Increase in 1 Month

Gold price prediction from June 6th (before market opening) until July 6th 2014 based on “I Know First” stock forecast algorithm

The United States Officially Leads the World in Oil Production

According to research done by Bank of America Merill Lynch, America has surpassed both Saudi Arabia and Russia in the production of crude oil and liquids separated from natural gas in the last six months.

Gold Prediction: 15.64% Increase in 1 Month

Gold price prediction from June 4th (before market opening) until July 4th 2014 based on “I Know First” stock forecast algorithm

CC1 Stock Forecast Based on Algorithms: CC1’s Chart of the Last 5 Months

I Know First has successfully predicted the price of DBA throughout the last year and has a strong track record tracing back even further. The chart shows the algorithm’s predictions for the past 5 months.

Gold Prediction: 15.31% Gain in 1 Month

Gold price prediction from June 1st (before market opening) until July 1st 2014 based on “I Know First” stock forecast algorithm

Platinum News : Strikes in South Africa rattle supply

Platinum has neared a 10-month high on Tuesday, as platinum for October delivery (the most actively traded contract) closed at $US1,515.00 for a troy ounce on the NYMEX

Gold News: Gold Rallies as Turmoil Continues in Iraq and Ukraine

Gold Posts first back-to-back quarterly gains since 2011

Algorithmic Services

Algorithmic traders utilize these daily forecasts as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. We never recommend blindly purchasing assets that are endorsed by the algorithm without your own additional analysis.

Commodities Forecast: 40.42% Gain in 1 Year

The commodities forecast includes prediction for the Top 10 commodities for the past year: 10 commodities with the strongest signal that fit for long position.

Gold Prediction: 11.50% Gain in 30 Days

Gold price prediction from May 27th (before market opening) until June 27th 2014 based on “I Know First” stock forecast algorithm

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