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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Gold markets initially tried to rally during the trading session on Monday but as you can see gave back quite a bit of the gains.
The gold markets rallied during the trading session after the Americans and the Chinese agreed in principle to the idea of a “phase 1 deal” but left a lot of confusion as to exactly what was agreed to.
Safe-haven assets like gold are in demand as portfolio managers make year-end adjustments to their positions.
Gold markets initially tried to rally during the trading session on Thursday, but as you can see have gotten slapped right back down.
Gold markets will probably stick to consolidating as we await the trade tariff decision on December 15, which is this Sunday.
The gold markets rallied a bit during the trading session on Tuesday but have given back quite a bit of the gains.
Gold markets initially tried to rally during the trading session on Monday but gave back quite a bit of the gains to end up forming a relatively lackluster session.
The US dollar got a strong momentum amid positive and better than expected US jobs results during the month of November, along with the strength of the dollar, it was natural that the price of gold fell to the $1458 support, and attempts to rebound before the report pushed the price of the yellow metal to the $1480 level, and it is now stable around $1461 at the time of writing.
Gold markets initially tried to rally during the trading session on Friday but then got hammered after the jobs number came out much stronger than anticipated.
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Global uncertainty is on the rise; ranging from the UK election next week and the impact it may have on Brexit, to the stalled US-China phase-one trade deal and fresh tariffs
Gold markets did very little during the trading session on Thursday as you would anticipate, mainly because we are awaiting the jobs figure.
Gold markets initially tried to rally during the trading session on Monday, but then on Wednesday turned around to show signs of exhaustion
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Sign up to get the latest market updates and free signals directly to your inbox.Since the correlation between the US dollar and gold prices is inverse, it was normal with the dollar decline, and investors’ flight out of risk, that gains of gold prices increase, which reached the $1482 resistance of, the highest in a month, and is stable around that at the time of writing.
Gold markets rallied significantly during the trading session on Tuesday, as Donald Trump suggested that the China deal might be better off being done after the election, and that of course causes a lot of fear.
Gold markets have rolled over initially during the trading session on Monday but have continue to find support at the same levels again.