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 futures fell at the end of last week’s trading and settled around the $1732 level after gains boosted it to $1758, its highest in a month-and-a-half.
The gold markets initially fell during the trading session on Friday but then turned around to show signs of life at the bottom of the range of the candlestick from Thursday.
Investors abandoning the dollar was an opportunity for the price of gold to move higher, but its gains did not exceed the resistance level of $1745, where it is stable as of this writing.
Despite the decline of the US dollar with the return of traders from the holiday, the price of gold only rose to the $1733 level before settling around $1728 as of this writing.
The gold markets have gone back and forth during the course of the trading session on Monday, as traders are starting to take a look at the yields again in America,
The British pound fluctuated during the quiet Good Friday session, but at the end of the day we are looking at a market that is simply consolidating above the 1.3750 level.
The price of gold has been trying to rebound upward, but the gains of the bounce did not exceed the $1730 level, instead stabilizing around $1725 in this week's trading.
After the bears pushed the price of gold to the $1678 support level during yesterday's trading, gold has returned to settle around $1713 as of this writing.
Gold markets have rallied significantly during the trading session on Wednesday to see the market vaults above the $1700 level.
To give you the best possible experience, this site uses cookies. If you continue browsing, you accept our use of cookies. You can review our privacy policy to find out more about the cookies we use.
