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.
The global stock sell-off continues as investors are shocked to realize that the Federal Reserve's work to try to tame hyperinflation in the US is far from over
The Gold markets have remained relatively subdued during Wednesday's trading session, reflecting the confusion among traders regarding monetary policy.
The price of gold extended its decline after US Central Bank Governor Jerome Powell said in prepared remarks that the Federal Reserve is ready to increase the pace of raising US interest rates if necessary.
Gold markets have rallied significantly during the trading session on Monday right off the bat, gapping higher, but then pulled back to test the 50-Day EMA.
For the second consecutive day, XAU/USD gold price is trying to rebound to the upside to avoid further collapse, as its gains did not exceed $1833 an ounce.
The bears tried to push the XAU/USD gold price towards and below the psychological support level of $1800 an ounce at the end of last week's trading and the beginning of this week's trading.
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