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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With the recovery of the US dollar at the end of last week's trading, the XAU/USD gold price was subjected to a downward correction.
The gold market is facing some major turbulence as it has been experiencing a downward trend during the trading session on Friday.
Gold markets experienced a significant upward trend during the trading session on Thursday, with the US dollar struggling after the PPI numbers were missed.
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The XAU/USD gold bulls gained additional momentum with the weakness of US inflation readings, which allowed prices to move towards the $2028 level
Gold prices have been volatile in recent trading sessions, with prices initially shooting higher on Wednesday but later giving up some of those gains.
Gold markets experienced a rally during Tuesday's trading session, with the $2000 level offering support.
At the beginning of trading this week, XAU/USD (gold) futures fell as investors continued to book profits after the yellow metal touched record highs.
Gold prices fell on Monday, as the metal faced profit-taking after the recent rally to record highs.
The last trading week was exciting in the upward trajectory of gold prices XAU/USD, as prices jumped towards the $2033 resistance level, near its all-time high
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Gold futures markets were closed on Friday, but that doesn't mean there isn't a lot to learn from the charts.
Strong and continuous downward pressure on the US dollar allowed the gold price, XAU/USD, as expected, to move toward the historical psychological resistance level of $2000 an ounce.
The gold market has been on the rise during the trading session on Tuesday, breaking above the $2000 level in the futures market.
The gold market was in a tailspin as the new trading week got underway, feeling the magnitude of the recovery in the US dollar and Treasury yields.
During last week's trading, the bulls continued to control the performance of the gold (XAU/USD) price, with gains that reached the resistance level of 1988 dollars an ounce.
The gold market has been experiencing a lot of volatility lately, with traders closely monitoring the $2000 level.