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
Gold markets have rallied during the trading session on Wednesday as we have broken above the $1850 level.
Gold prices rose sharply and gold futures settled at their highest level in almost 9 years, supported by the European Union's announcement of a Eurozone recovery fund, and optimism about the new stimulus in the United States.
The gold markets rallied significantly during the trading session on Tuesday as we are reaching towards the $1850 level.
A new record price for an ounce of gold was recorded at the beginning of trading this week as the yellow metal rose towards the $1821 resistance, the highest level in nine years.
Gold markets initially gapped higher to kick off the week, but then pulled back to fill that gap and look for buyers underneath.
The factors supporting the continuation of gold ounce’s price gains to new highs are still in place, which explains the stability of gold prices above the $1800 psychological resistance, which is near its highest level in nine years.
The gold markets turned around to show signs of life again, as the Friday session ended the week with positivity.
Gold markets fell hard during the trading session on Thursday, as we started to see a little bit of US dollar strength.
Gold prices maintained its bullish momentum with gains that are the strongest for nearly nine years.
Bonuses & Promotions
Gold markets have rallied a bit during the trading session in the end, but it was a difficult day all around.
Renewed global geopolitical and trade tensions, along with continued concern about the renewed outbreak of the COVID-19 pandemic, were important factors in the return of gold price stability around and above $1,800 an ounce, which is an important resistance level.
Gold markets had broken significantly lower during the trading session on Tuesday, but we started to see buyers underneath the $1800 level again, which has caught a lot of attention.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.After limited bearish correction attempts by gold prices at the end of the week’s trading, pushing it to $1795 an ounce, prices returned to rebound upward to $1813 an ounce at the beginning of this week’s trading, near the highest level in nine years.
Gold remains within the highest levels of its short term range but has seen profit-taking emerge after testing new highs.
The gold market initially tried to rally during the trading session on Monday but found quite a bit of resistance above as we sold off late in the day.