Benzinga and Yahoo Finance LLC may earn commissions or revenue on certain items through the links below.
A quick summary
-
Gold prices have entered a highly volatile phase with sharp fluctuations Creating opportunities for traders But uncertainty for long-term investors.
-
ChatGPT’s model projects Moderate growth for GLD as of March 20Suggest short-term stabilization after the current whiplash maneuver.
-
Active traders can use Apex Trader Funding to access leveraged gold futures after a single valuation, while long-term investors can build GLD exposure in fractional shares and up to $1,000 in free stock through SoFi.
Gold has been one of the most volatile major assets of the past year.
After hitting a record high on central bank purchases, prices reversed sharply as rate expectations shifted, then rebounded on renewed geopolitical risks. Over the past few months, gold has swung through several double-digit percentage moves, frustrating long-term holders and rewarding short-term traders who took turns.
That volatility has been directly reflected in the SPDR Gold Share ETF (NYSE:GLD), which has whipped between sharp rallies and deep pullbacks as investors struggle for value where inflation, rates and global risk finally stabilize.
For traders, that environment creates opportunity. For investors, this creates uncertainty.
If you are trying to time entries and exits, you may be wondering where the gold goes.
To explore that, we ran GLD through an AI price-prediction agent powered by OpenAI’s GPT and ways to position around that forecast, either through Apex Trader Funding or for those who prefer a simpler route through traditional investment platforms like SoFi.
The AI agent was fed recent price action, momentum indicators, volatility data, and macro inputs to generate a short-term outlook through March 20.
At the time of the run, GLD was trading at $456.16.
As of March 20, the model produced the following baseline forecast:
Here are two ways to trade that result. SoFi lets users start investing as little as $5 in fractional shares, and you can get up to $1,000 in free stock by opening a new account. It takes minutes to set up, and you can invest at the top of GLD with Wall Street’s biggest banks.
However, if you want to trade with more action, leverage may be the way to go, and you don’t have to commit a large amount of your own money.
Because that kind of exposure comes after passing a single rating, active traders are turning to futures prop firm Apex Trader Funding, where gold is traded through exchange-listed contracts like GC (standard gold futures).
