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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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.
Gold futures closed yesterday's trading session higher, supported by the stalling of the US dollar's gains and stabilization of government bond returns.
Gold markets initially pulled back just a bit during the trading session on Wednesday but have seen buyers jump back in as yields in the United States started to fall.
Gold prices rose sharply during yesterday's trading, ending a 4-day series of losses, as the yields of long-term US Treasury bonds and government bonds in the Eurozone decreased and the dollar trimmed some of its recent gains.
Gold markets rallied significantly during the trading session on Tuesday to bounce from a crucial support region.
Gold prices continued to collapse as Treasury bond yields and the US dollar continued to rise and pushed investors to abandon the yellow metal.
Gold markets initially tried to rally during the trading session on Monday but gave back the gains rather quickly.
The sharp gains of the US dollar and Bitcoin contributed to the collapse of gold to the $1687 level last week before closing around $1701, its lowest close since early June 2020.
Gold markets have gone back and forth during the course of the trading session on Friday, as we are hanging around the $1700 level.
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The gold markets have broken down a bit during the course of the trading session on Thursday after initially trying to rally.
Since the start of trading this week, the price of gold has been in a continuous downward correction range.
Gold markets have gotten hammered again during the trading session on Wednesday to reach down towards the $1700 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The strength of the US dollar continues to put pressure on gold, which fell at the beginning of yesterday's trading to the $1707 support level, before settling around $1738 as of this writing.
The gold markets initially fell during the course of the trading session on Tuesday to reach down towards the $1700 level.
Gold has so far been unable to compensate for its sharp losses during last week’s trading.