Back

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



RING Forecast + Options Trading Strategies   RING  BTC iShares MSCI Global G (0.87)


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)



Uncorrelated Stock Forecasts

Assets with little price relationship to GFI



TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (0.0)


TTWO Forecast + Options Trading Strategies   TTWO  Take-Two Interactive Software (0.0)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.0)


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


MET Forecast + Options Trading Strategies   MET  Metlife (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GFI



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


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


ZSL Forecast + Options Trading Strategies   ZSL  ProShares UltraShort Silver (-0.72)


GLL Forecast + Options Trading Strategies   GLL  ProShares UltraShort Gold (-0.79)


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!