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.
During last week's trading, the bulls continued to control the performance of the gold (XAU/USD) price, with gains that reached the resistance level of 1988 dollars an ounce.
For four consecutive trading sessions, the price of XAU/USD (gold) tended to the downside, with losses affecting the support level of 1944 dollars an ounce.
The US stock market has slumped after regaining all of its losses since the beginning of the banking turmoil, as investors await one of the most challenging Federal Reserve decisions
XAU/USD gold futures surpassed the historical psychological resistance barrier of $2000 an ounce.
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