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 gold market displayed a notable rally during Thursday's trading session, creating excitement among traders as it approached the coveted $2000 level.
The price of gold rose towards the resistance level of $2010 per ounce, its highest level in five months, and stabilizes around the level of $1993 per ounce.
Gold futures prices rose above the psychological resistance level of $2,000 per ounce, affected by fear trading after the escalation of the war in Israel.
The recent surge in gold prices has not gone unnoticed.
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