Commodity Price Forecast Based on Data Mining: Returns up to 2.16% in 7 Days

Commodity Price Forecast

This Commodities Package is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 6 Commodity Price Forecast with bullish or bearish signals indicating which are best to buy:

  • Top 3 commodities for the long position
  • Top 3 commodities for the short position

Package Name: Commodities
Recommended Positions: Long
Forecast Length: 7 Days (2/14/2021 – 2/21/2021)
I Know First Average: 2.31%
Commodity Price Forecast

3 out of 3 asset prices in this forecast for the Commodities Package moved as predicted by the algorithm. GLD was our best asset pick this week a return of 2.16%. Further notable returns came from XAU and CME_GC1 at 2.26% and 2.51%, respectively. The package had an overall average return of 2.31% during the period.

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.

How to interpret this diagram

Algorithmic Commodity Forecast: The table on the left is the commodity forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 3 commodities 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-for trading decisions use the most recent forecast. Get today’s forecast and Top asset picks.

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