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..
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 market has broken significantly during the trading session on Thursday to test the $1700 level.
The downward pressures continued on the gold market after it rose in the wake of the sharp inflation report from the United States of America, as investors once again turned to the dollar as a safe haven asset.
Gold markets initially tried to rally during the trading session on Tuesday, but gave bank gain to show signs of weakness yet again.
With the beginning of this week’s trading, the gold price completed the broader downward path, as the US dollar continues its record gains.
The gold markets fell a bit on Monday as we continue to hang about the $1740 level.
During last week’s trading, the gold price experienced strong selling that pushed it towards the support level of $1732 an ounce, its lowest in nine months, and tried to recover slightly to $1752 on Friday.
Gold markets initially shot higher on Friday but gave up gains again.
Gold markets tried to recover during trading on Thursday but gave back gains rather quickly as we had approached the $1750 level.
Gold futures are trading at their lowest in more than nine months, driven by another rally in the US dollar.
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Gold markets fell hard on Wednesday as we are now well below the $1750 level.
The price of gold fell sharply as Treasury yields rose and investors weighed a possible cancellation of some US tariffs on Chinese consumer goods that could help ease inflation.
With the beginning of this week's trading, the performance of gold prices varied despite the weakness of the US dollar and the recent sharp drop in US Treasury yields.
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Sign up to get the latest market updates and free signals directly to your inbox.Amidst the strength of the US dollar, gold futures fell below the $1,800 level, despite rising inflation and growing recession fears.
Gold markets initially looked like they were going to break down drastically on Friday, but turned around quite significantly to form a massive hammer.
Gold markets have been all over the place during trading on Thursday, initially breaking through a major uptrend line