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.
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.
Gold markets had a very interesting couple of months, as we have bounced off the $1150 level, fell significantly during the past month, but found enough support at the $1200 level to turn things around and form a hammer.
Gold prices ended Tuesday’s session up $10.33, extending their gains to a fifth straight session, as widespread falls in the global stock markets and continued weakness in the U.S. dollar fueled demand for the precious metal.