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 markets have gone back and forth during the trading session on Thursday, as we slammed into the major downtrend line that I have drawn on the chart.
The recent decline of the US dollar allowed the price of gold to move higher and stabilize around the $1790 resistance level for 3 trading sessions in a row.
Gold markets rallied a bit on Wednesday as we continue to see the markets reach towards the massive downtrend line as well as the 200-day EMA.
The bulls succeeded in pushing the price of gold towards the $1785 resistance yesterday, then retreating towards the $1767 support at the beginning of trading today before settling around $1776 as of this writing.
Gold markets rallied significantly early on Tuesday but gave up gains to form a less-than-impressive, shooting star-shaped candlestick.
Gold retreated yesterday towards the $1760 support and swiftly corrected upwards today, settling around $1779 as of this writing.
Gold markets fluctuated on Monday, stabilizing after the massive selloff that we had seen during the Friday session.
Gold futures broke off a three-day winning streak and settled lower on Friday towards the $1,765 support, after touching the psychological top of $1,800 last session.
Gold markets got absolutely hammered to end the week on the back foot.
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The gold markets have gone back and forth on Thursday, showing a bit of hesitation at an area that of course will be important for multiple reasons.
Gold futures rose after the US government announced that US consumer prices rose more than expected.
Gold jumped in late trading on Wednesday and its sudden rocket climb will get the attention of speculators who may have bullish sentiment.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold markets rallied significantly on Wednesday as we have broken through several resistance barriers in one fell swoop.
Despite the strength of the US dollar, the price of gold appears resilient with the support of many global factors.
The gold markets initially shot higher but saw quite a bit of selling pressure to turn things around and form a shooting star yet again.