Bullish Case: Gold Fields benefits from soaring gold prices and successful operations in Chile's Salares Norte project. Improved market sentiment and robust gold demand could uplift GFI’s valuation, especially with central banks' sustained interest in gold.


Bearish Case: Operational challenges, such as the ones seen in South Africa and Australia, along with high market expectations post exceptional gold price rises, could exert downward pressure on GFI’s profitability and stock value.


Potential Outcomes:

1. Continued rise in gold prices boosts GFI, 60% chance.

2. Operational delays, especially in new mines, risk dragging down stock, 30% chance.

3. Market correction in gold prices may adversely affect GFI, 10% chance.


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


April 23, 2024


Gold Fields Forecast

GFI        Gold Fields
Price Forecast: BULLISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with GFI



AEM Forecast + Options Trading Strategies   AEM  Agnico Eagle Mines (0.85)


GDXJ Forecast + Options Trading Strategies   GDXJ  VanEck Vectors Junior Gold Miners (0.84)


SA Forecast + Options Trading Strategies   SA  Seabridge Gold (0.81)


AU Forecast + Options Trading Strategies   AU  AngloGold Ashanti Ltd (0.81)


SIL Forecast + Options Trading Strategies   SIL  Global X Funds - Global X Silver Miners (0.79)



Uncorrelated Stock Forecasts

Assets with little price relationship to GFI



NXE Forecast + Options Trading Strategies   NXE  NexGen Energy (-0.0)


UBS Forecast + Options Trading Strategies   UBS  UBS (0.0)


BCC Forecast + Options Trading Strategies   BCC  Boise Cascade (0.0)


FXF Forecast + Options Trading Strategies   FXF  Rydex Investments - Invesco CurrencyShares Swiss Franc (-0.0)


ANET Forecast + Options Trading Strategies   ANET  Arista Networks (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GFI



XPEV Forecast + Options Trading Strategies   XPEV  XPeng (-0.56)


DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.6)


WMT Forecast + Options Trading Strategies   WMT  Walmart (-0.62)


CSCO Forecast + Options Trading Strategies   CSCO  Cisco Systems (-0.62)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.83)





Become a more profitable investor with AI optimized trading strategies






×

Chat with GFI


 Ask me any question!