Maximize Returns with AI-Powered AU Trading Strategies


AU Forecast + Trading Strategies



Price Forecast:


Bearish   <->   Bullish



Bullish Case: The bullish case centers on favorable market conditions, highlighted by increasing implied volatility trends for AU options, signaling heightened interest and potential upward price movements. Historical data shows a 35% historical upside over holding periods, indicating current stability in bullish sentiment.



Bearish Case: A bearish outlook arises from market uncertainties reflected in elevated implied volatility and the flat term structure, coupled with recent bearish trends in historical returns, indicating possible market corrections or negative sentiment playing out in the short term.



Potential Outcomes:

1. 40% chance of sideways consolidation as volatility stabilizes.

2. 35% chance of bullish breakout from increasing implied volatility, driving prices above $34.

3. 25% chance of bearish reversal due to macroeconomic pressures, potentially driving prices below $29.



Trading Oracle: Sign Up to access trading oracle trade ideas.


October 22, 2024


AngloGold Ashanti Ltd Forecast

AU        AngloGold Ashanti Ltd

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











Correlated Assets

Assets that tend to move strongly with AU


AEM Forecast + Options Trading Strategies   AEM  Agnico Eagle Mines (0.94)


HMY Forecast + Options Trading Strategies   HMY  Harmony Gold Mining (0.93)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (0.92)


GLD Forecast + Options Trading Strategies   GLD  SPDR Gold Shares (0.92)


IAG Forecast + Options Trading Strategies   IAG  Iamgold (0.92)



Uncorrelated Assets

Assets with little price relationship to AU


BLDR Forecast + Options Trading Strategies   BLDR  Builders Firstsource (0.0)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (-0.0)


CCOI Forecast + Options Trading Strategies   CCOI  Cogent Communications (-0.0)


MAT Forecast + Options Trading Strategies   MAT  Mattel (0.0)


DAWN Forecast + Options Trading Strategies   DAWN  Day One Biopharmaceuticals (0.01)



Anticorrelated Assets

Assets that tend to move strongly against AU


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (-0.88)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.88)


HELE Forecast + Options Trading Strategies   HELE  Helen of Troy (-0.88)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.9)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (-0.9)







Become a more profitable investor with AI optimized trading strategies





×

Chat with AU


 Ask any question about AU!