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 have fallen a bit during the trading session on Tuesday, as we look likely to roll over and go looking towards the $1700 level again.
The strength of the US dollar continues to negatively affect the performance of gold prices, which fell to the support level of $1727 before settling around $1737 as of this writing.
Gold markets initially fell during the course of the trading session on Monday but turned around to show signs of strength again
Despite the gains of the US dollar, the price of gold succeeded in moving towards the $1755 resistance level during last week's trading, before closing steadily around $1745.
The market is still very sluggish and does not look very strong, due to the fact that the yields in America continue to throw it around.
Gold markets have been at the mercy of the bond market for some time now, and it now looks like more of the hijinks over there is starting to affect the market over here.
The US dollar was negatively affected by the Federal Reserve's monetary policy decision and the statements of Chairman Powell, which contributed to an upward rebound for gold.
Gold markets rallied a bit during the trading session on Wednesday as we saw the FOMC come and go.
The price of gold benefited a lot from the halting of the gains in the US dollar after disappointing US retail sales numbers were announced.
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Gold markets initially rallied during the trading session on Tuesday but could not hang on to gains as we anticipate the FOMC meeting and statement.
The price of gold has remained stable between the $1700 support level and the $1740 resistance level, waiting for enough momentum to move higher or resume recent downward pressure.
Gold markets have gapped higher to kick off the trading session on Monday, only to go back and forth and show signs of confusion.
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Sign up to get the latest market updates and free signals directly to your inbox.During last week’s trading, gold's attempts to rebound higher after the price collapsed to the support level of $1677, a 9-month low, were weak.
Gold markets have fallen rather hard during the trading session on Friday but found plenty of buyers near the $1700 level.
The gold markets initially looked very bullish during the trading session on Thursday but gave back a significant amount of the gains to turn around and form a massive shooting star.