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?
Ready to Get Started with Gold Trading? Get Started Today!
Most Recent
The gold markets have gone back and forth during the trading session on Tuesday, as it reached all the way down towards the $50 level.
A state of cautious stability has dominated the gold performance since the beginning of trading this week, amid a stronger move by the bears, as the price of an ounce of gold stabilized around $1926 an ounce.
Gold markets have gone back and forth during the trading session on Monday, which would have had very thin volume due to the fact that it was Labor Day in the United States.
In the last three trading sessions last week, gold prices retreated to $1916 an ounce, after a strong attempt by the bulls to push the price towards the level of $2000 psychological resistance at the beginning of the week's trading.
Gold markets went back and forth during the trading session on Friday, as you would expect.
Gold markets have pulled back a bit during the trading session on Thursday, mainly due to the fact that there has been so much volatility.
For the second day in a row, the price of an ounce of gold is declining in light of the US dollar recovery, which pushed the price of the yellow metal towards $1927 ounce at the time of writing.
Gold markets broke down significantly during the trading session on Wednesday, as the US dollar has shot much higher during the trading session.
The US dollar strength contributed to the price of an ounce of gold giving up its highest level in two weeks, when it had tested the resistance $1992 level
Bonuses & Promotions
The gold markets initially tried to rally during the trading session on Tuesday but found the $2000 level to be a bit too resistive to continue and break out.
The US dollar index, DXY, collapsed to the 91.99 support.
Gold markets have been a bit choppy during the trading session on Monday, as we continue to see a lot of noise, but overall, this is still a very positive marketplace.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The markets believed that this decline would not last for long, as the US dollar quickly declined strongly with the market’s absorbing what Jerome Powell announced.
The gold markets rallied a bit during the trading session on Friday, as we continue to see a lot of bullish pressure in a market that continues to react to the Federal Reserve and its ultra-loose monetary policy.
Gold markets have been rather choppy during the month of August, but that should not be a surprise given a couple of different factors.