DailyForex analysts monitor the gold market regularly to bring you gold price predictions and gold market forecasts that can help you find the best positions in the gold market.
Our gold forecast signals are good for both forex gold spot market traders and as well as for the long term gold investors in commodities market.
Watch as gold prices fluctuate based on technical analysis, global political developments and comprehensive market research in the gold market forecasts below. Learn how to purchase gold at the higher price in uptrend market and avoid losing money due to the wrong entry point. Our gold forecase provides you with the right signals at the right time. Ready to Get Started with Gold Trading?
Ready to Get Started with Gold Trading? Get Started Today!
Most Recent
As of this morning, gold is trading near the important juncture of 1800.00, after having made rather polite gains the past two days.
With the stalling of the US dollar’s gains ahead of the Jackson Hole Symposium this week, gold rebounded higher to $1806, where it has settled as of this writing.
Gold markets rallied significantly on Monday to break above the 50-day EMA, and closing towards the top of the candlestick is a very positive sign.
Top Forex Brokers
Gold bulls are waiting for a decline in the US dollar to shoot past the psychological resistance of $1800.
Gold markets fluctuated on Friday as we ended up forming a bit of a shooting star.
The gold markets have gone back and forth during the course of the trading session on Thursday, as the 50 day EMA above continues to offer a bit of resistance.
As of this morning gold is near the 1788.00 price and is within sight of rather interesting short term resistance levels.
The USD is working against the value of certain commodities, with gold being especially sensitive to the US Dollar Index.
The gold market as gone back and forth during the trading session on Tuesday, initially shooting much higher but giving up gains rather quickly.
Bonuses & Promotions
Gold markets initially pulled back on Monday a bit but have found buyers jumping back in to push ever so higher.
The US dollar declined at the end of last week's trading, which allowed gold to move to the resistance level at $1780.
Gold markets broke higher on Friday above the $1775 level.
The gold markets have been very choppy during the trading session on Thursday as we continue to see a bit of hesitation just below the previous support level.
US inflation figures coming in as expected halted the sharp gains that the US dollar has enjoyed since the announcement of strong US jobs numbers for July.
The gold markets rallied a bit on Wednesday after the CPI numbers came out as expected.