Question

In the context of your gold model forecast the price of gold at the end of 2019. To do this you need to explain which of the demand and supply shifters are likely to change over the next year. Show your result in the supply-demand Graph 1 of the gold market. Compare your forecast to those of investment banks in the gold forecast article. What types of financial investment could you make to profit from your forecast?

Answer 1

We will look at the gold projection an model for 2019 as follows. A transient model, to estimate evaluating for the main portion of 2019, and 2 long-term models beginning in 2001 of every 1975. Every one of the three models cross in December of 2015, the rotate point for a bull cycle. Following chart has the current convention in play featured in yellow. It starts in Mid-August 2018, and features the current market activity up until January 23rd. This convention started at $1168, the most reduced value point in 2018. Opening price on January 2, 2019 $1204 a loss of $86.00-16) last year 13000 12395 2390123521280.0 Price breaks above 200 day Moving - Average 1260.0 1254.1 _05.124623 1240.0 1228.2 0.618 (1212.7 1220.0 1200.0 0.79 (1177. 1180.0 Golden cross cours 1160.0 Oct Νον This model demonstrates that presently a bullish rally is going on in gold, and in the wake of neglecting to break specialized obstruction at $1300 started a revision. When this remedy runs its course gold could exchange as high as $1352. In November 2018, gold organized an exceptionally invigorated value flood. That rally moved valuing back over the 50 and 100-day moving midpoints. During the most recent seven day stretch of November, a golden cross happened when the momentary 50-day moving normal crossed over the 100-day moving normal. This renewed and fortified this upswing. At that point in late December 2018, cost shut over the 200-day moving normal just because since May of a year ago. Our examination proposes that gold is in the last long periods of a significant long-term bull cycle. This model is estimating the likelihood that a last major bullish wave started three years prior, toward the finish of 2015, after an adjustment to $1040. RUU ONORDyr pl'moloty,