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..
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. Ready to Get Started with Gold Trading?
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Gold markets rallied significantly on Monday to break above the 50-day EMA, and closing towards the top of the candlestick is a very positive sign.
Gold bulls are waiting for a decline in the US dollar to shoot past the psychological resistance of $1800.
Gold markets fluctuated on Friday as we ended up forming a bit of a shooting star.
The gold markets have gone back and forth during the course of the trading session on Thursday, as the 50 day EMA above continues to offer a bit of resistance.
As of this morning gold is near the 1788.00 price and is within sight of rather interesting short term resistance levels.
The USD is working against the value of certain commodities, with gold being especially sensitive to the US Dollar Index.
The gold market as gone back and forth during the trading session on Tuesday, initially shooting much higher but giving up gains rather quickly.
Gold markets initially pulled back on Monday a bit but have found buyers jumping back in to push ever so higher.
The US dollar declined at the end of last week's trading, which allowed gold to move to the resistance level at $1780.
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Gold markets broke higher on Friday above the $1775 level.
The gold markets have been very choppy during the trading session on Thursday as we continue to see a bit of hesitation just below the previous support level.
US inflation figures coming in as expected halted the sharp gains that the US dollar has enjoyed since the announcement of strong US jobs numbers for July.
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Sign up to get the latest market updates and free signals directly to your inbox.The gold markets rallied a bit on Wednesday after the CPI numbers came out as expected.
Gold is still trying to remain stable above the resistance of $1700 to avoid more violent bearish pressure, which had plunged the price to $1683 earlier this week.
Gold markets fluctuated on Tuesday as we continue to look at the gold market through the prism of whether or not inflation is a major issue.