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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The gold markets have broken down significantly during the trading session on Wednesday, slicing through the $2000 level.
The continued USD losses allowed gold prices to return to stability above the $2000 psychological and historical resistance.
Gold markets have rallied a bit during the trading session on Tuesday, breaking above the $2000 level yet again.
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At the beginning of this week's trading, the bears tried to move the price of gold down to $1929 an ounce.
Gold markets have pulled back a bit initially during the trading session on Monday but then rallied quite significantly.
Gold prices recorded their first weekly loss in more than two months, following the rise of the US dollar and the increase in US yields
Gold markets have gapped a little bit lower to kick off the trading session on Friday and then fell a bit from there as well.
Gold markets have formed a nice-looking candlestick on Thursday after initially gapping lower.
At the beginning of yesterday's trading, gold prices continued the downtrend correction.
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Gold markets finally showed some stability during the trading session on Wednesday, breaking below the $1900 level initially before finding support at the 50 day EMA.
Gold futures ended yesterday's trading sharply lower in light of riskier assets’ recovery, such as stocks.
Gold markets have fallen apart during the trading session on Tuesday, as the bullish move in gold has finally been abated.
As largely predicted, gold prices reached overbought areas, and technical indicators await profit-taking selloffs for correction.
Gold markets gapped higher to kick off the trading session and shot up from there, but we have seen gold rollover since then.
The pace of sharp and continuous gains in the price of gold has stopped at the end of last week’s trading, amid profit-taking sales in light of the USD strength