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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Risk appetite has increased and the US dollar has returned to gains, and gold prices have suffered losses despite the weak Chinese economic data.
Gold futures dropped to kick off the week, piercing the $1280 level, but keeping things in perspective we need to appreciate the fact that it was Martin Luther King Jr. day in the United States, dropping liquidity drastically.
Gold markets fell hard during the Friday session, crashing into the $1280 level, an area that I believe is significant support.
Gold markets were contained within the trading range that we have been in for some time during the day on Thursday, as we see the markets look for some type of direction, mainly from the US dollar if history is any indication.
Gold markets went back and forth during trading again on Wednesday as we continue to trade in a very tight range bound market.
Gold markets have gone back and forth during the trading session again on Tuesday, as we are stuck between a couple of major areas.
Gold markets tried to rally again to kick off the week on Monday, but as you can see, we have given back a bit of the gains.
Gold prices ended the week up $1.96 at $1287.48 an ounce, recoding a fourth consecutive weekly gain.
Gold prices fell $7.39 an ounce on Thursday as rising stock prices dented the appeal of the safe-haven metal.
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Gold prices ended Wednesday’s session up $7.93 an ounce as the U.S. dollar extended losses following the release of the minutes from the Federal Reserve’s December meeting.
Gold prices are in a bearish correction for 4 days in a row, reaching to $1279 an ounce, with the return of trader’s optimism towards the possibility of a trade agreement between the USA and China.
Gold prices rose $3.43 an ounce on Monday as investors bet that the Federal Reserve will not raise interest rates this year if economic growth slows further.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices ended Friday’s session down $9.09 an ounce as the dollar rose in the wake of U.S. non-farm payrolls data for December, which suggested the economy maintained strong momentum at the end of 2018.
Gold prices rose $8.21 an ounce on Thursday, as the dollar weakened and investors sought safety from volatile stock markets.
Gold prices ended a two-sided trading session slightly lower on Wednesday.