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?
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For seven trading sessions in a row, gold prices have been moving within very narrow ranges, at the support level between $1856 and $1900 an ounce and stabilizing around $1882 at the time of writing.
Gold markets continue to grind sideways overall during the trading session on Tuesday, only to see a slight dip lower at the end of the day.
For a short time, gold prices tested the psychological resistance at $1900 at the beginning of this week's trading, before it quickly fell to the support at $1865 an ounce again.
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Gold markets fluctuated during the course of the trading session on Tuesday, as we bounce around just below the 50-day EMA.
The gold performance was disappointing during last week's trading as the sales increased strongly.
Gold markets rallied during the trading session on Friday, breaking above the highs of the previous three sessions from the week.
Gold markets rallied just a bit during the trading session on Thursday as we continue to see the market grind sideways just above the $1850 level.
Stalled gains in the US dollar and global stock markets contributed to the rebound in gold price from its lowest levels in five weeks at $1851 an ounce to $1890 an ounce.
The gold markets have dropped a bit during the trading session on Wednesday, testing the $1850 level yet again.
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Gold prices dropped by more than $100 at the beginning of this week’s trading.
The gold market has rallied a bit to the upside during the trading session.
During yesterday's trading, gold prices fell sharply and recorded their biggest drop in more than seven years.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold markets were crushed during the trading session on Monday following the news that Pfizer is close to having a coronavirus vaccine with over 90% efficacy.
During last week’s trading, the price of gold recorded its best weekly performance since last July.
Gold markets fluctuated during the trading session on Friday, as the world awaited the US jobs numbers.