Fractal Forecasting Books Pdf File
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It is worth mentioning that the wavelet and multifractal based time series forecasting is a challenging task for the researchers to decide whether the results are reliable or not. Although there is a lot of literature on forecasting the gold prices, the existing literature remains fragmented with respect to the type of tools, methodologies, model and number of forecast horizons. The key difference in our forecast problem is that we are interested in forecasting the gold price trend, not in estimating the gold price or in forecasting the gold prices over a longer time horizon.
“The gold price is a major factor in the day-to-day operations of the financial markets. The present study tries to give an insight into the short-term dynamics of the gold prices and to forecast its future course.”
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