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
Gold prices have hit a record high as hopes for U.S. interest rate cuts grow and some traders intensify their bets on a second term for Donald Trump.
For four consecutive trading sessions, the price of gold has been in an upward rebound.
Gold prices are holding near record levels with growing optimism about interest rate cuts from the U.S. Federal Reserve.
Top Forex Brokers
I have noticed that the $2,400 level continues to see a lot of interest paid attention to it.
Gold futures were little changed ahead of two crucial inflation reports later this week.
Gold prices retreated below $2,350 an ounce during yesterday's trading session, extending losses from a one-month high of $2,390 touched on July 5th.
In my daily gold analysis, I cannot help but notice that we are struggling a bit to go higher.
Gold prices retreated below $2,370 an ounce at the start of trading this week after rising by more than 1% in the previous session to reach the six-week high of $2,393 an ounce.
I have seen quite a bit of negative pressure, but I also recognize that there's a lot of support underneath.
Bonuses & Promotions
At the end of last week's trading, gold prices jumped to a six-week high after US employment data indicated a gradual slowdown in the labor market, reinforcing expectations of interest rate cuts in the coming months.
Gold rallied rather significantly during the trading session on Friday again, as it looks like we are trying to get to the $2,400 level.
Gold prices rose to $2365 an ounce during yesterday's trading session, hovering near their highest level in a month.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
I see that we are threatening a major break out
A pause in the dollar's advance allowed gold prices to rebound, reaching a high of $2344 an ounce at the time of writing, the highest in two weeks.
At the start of trading this week, gold prices jumped towards the $2,338 resistance level before stabilizing around $2,332 per ounce at the time of writing this analysis.