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 price gains during the month of May are the best monthly gains for the yellow metal since last July
This is a market that had been in an uptrend for a while, so it is a simple continuation of what we had been doing.
The continued weakness of the US dollar has caused strong and sharp gains for the price of gold, which recently resulted in a break through the psychological resistance level of $1900.
Gold markets initially fell during the trading session on Friday but then turned around to show signs of strength again.
At this point, it is very possible that the market is due for a short-term pullback.
The gold markets have initially fallen during the trading session on Thursday as the $1900 level has been crucial.
Despite the dollar's recovery from its recent losses, gold prices continued to rise with sharp gains, reaching the resistance level of 1913 dollars per ounce.
We have turned around to show signs of weakness and ended up forming a bit of a shooting star.
The continued decline of the US dollar is an important factor for the price of gold to move upwards, surpassing the level of psychological resistance of 1900 dollars an ounce.
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Gold markets initially pulled back during the trading session on Tuesday as we continue to see gold get a bit of a boost.
Gold futures settled lower yesterday, reaching the support level of 1784 dollars an ounce.
Gold markets fluctuated during the trading session on Monday, as we are trying to digest significant gains from the previous breakout.
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Sign up to get the latest market updates and free signals directly to your inbox.The strong gains in the gold price stopped at the resistance level of 1890 dollars an ounce and stabilized at the beginning of this week's trading around the level of 1880 dollars an ounce.
Gold markets went back and forth during the trading session on Friday as we try to digest some of the gains that we have seen as of late.
Gold markets initially went back and forth during the trading session on Thursday as we are trying to figure out whether or not we can continue to go higher.