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 Friday, as forced liquidations hit various parts of the markets over the previous week.
The gold markets rallied a bit during the trading session on Thursday, breaking above the $1650 level.
Gold markets fell a bit during the trading session on Wednesday, gapping to show signs of extreme negativity.
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Before the outbreak of the deadly Covid-19, the global economy was amid a slowdown, fueled by structural issues.
Gold markets tried to pull back a bit during the trading session on Tuesday, but also saw some buying at the lower levels to turn things around and stabilize a bit.
Gold markets gapped higher to kick off the trading session on Monday, as fear of the coronavirus spreading to larger masses continues to cause major issues.
Gold markets rallied significantly heading into the weekend, as Friday had seen the market test the $1650 level.
Gold markets have gone back and forth during the trading session on Thursday, as we had broken to a fresh, new high
Gold markets broke higher during the trading session on Wednesday, finding the ability to go to a fresh, new high.
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It was natural for gold prices to continue to rise, especially with the persistence of global concerns about the continued outbreak of the Chinese Corona pandemic and its negative impact on the future of global economic growth.
Gold markets rallied a bit during the trading session on Tuesday, breaking above the $1600 level.
The gold markets did very little during the trading session on Monday, as it was Presidents’ Day in the United States.
Gold markets have rallied again during the day on Friday, showing signs of strength yet again.
Covid-19 continues to threaten the global supply chain, and as volatility in gold increased, a bullish bias emerged.
The gold markets rallied a bit during the trading session on Thursday, but then found the area above the $1580 level to be a bit too resistive.