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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Gold markets fell during the trading session on Monday but have recovered as we got later into the session.
Gold markets surged higher to kick off the Friday session after initially dipping just slightly at the open.
Gold markets rallied during the trading session on Thursday, reaching towards the upside and the massive gap that kicked off this week.
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The attached chart is the hourly timeframe, which is much shorter than I typically show you here at Daily Forex.
Gold markets initially fell during the trading session on Tuesday, reaching down towards the $1325 level, which of course has been important a couple of times in the past.
Gold markets broke down immediately at the open on Monday, gapping lower in a sign of perhaps markets calming down a bit after the United States and Mexico seem to be coming together as tariffs have been averted.
Gold markets went back and forth during the course of the trading session on Friday, breaking above the vital $1350 level.
Gold markets went back and forth during trading on Thursday, grinding away yet again.
Gold markets rallied significantly during the trading session on Wednesday, slamming into the crucial $1350 level.
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The Gold markets went back and forth during the trading session on Tuesday as we have entered an overbought range.
Gold markets rallied rather significantly during the day on Monday, breaking significantly higher as we continue to see a lot of “risk off” trading around the world.
Gold markets exploded to the upside during the day on Friday, reaching above the downtrend line that has been so prevalent on the daily chart.
In the early hours of the day, a strong contraction of China's industrial production was announced, confirming the negative expectations of the world's two largest economies due to continued trade war.
Gold prices tried to rally during yesterday's trading, but the gains did not exceed the $1286 level an ounce, after falling the previous session to the $1276 support level, where it is almost stable around at the time of writing.
A new bearish momentum for gold prices ahead of the release of US economic growth figures, which will have a strong impact on the US dollar and therefore on gold prices that are currently established, around $ 1277 an ounce at the time of writing.