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 rallied a bit during the trading session on Tuesday as it looks like we are going to continue to try to take off to the upside.
At the end of trading last week, gold futures rose to a new record high and thus gained a new bullish trading week.
This is a new record bullish trading week for the gold market. Even with the rise in the price of the US dollar, the price of gold rose towards the new historical psychological resistance of $2,300 per ounce.
Gold markets initially pulled back just a bit during the trading session on Wednesday, but then turned around to show signs of life yet again.
Ahead of key economic events, gold prices rose to as high as $2288 an ounce, setting new all-time highs, as geopolitical tensions and rising demand from funds and central banks offset a strong dollar and the possibility of higher US interest rates for longer.
Gold initially tried to rally during the trading session on Tuesday but has given back some of the gains as we continue to see the market stretched.
At the start of April trading, gold futures rose to their highest levels ever.
As the second quarter of 2024 begins, gold prices have risen to a new record high, continuing the rally that has prompted the Federal Reserve to move closer to cutting interest rates and deepening geopolitical tensions.
Gold markets have rallied significantly during the course of the trading session.
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Gold futures hit another record high in the middle of the holiday-shortened trading week.
Gold markets rallied rather significantly in the early hours on Wednesday, but as soon as futures traders came on, they got hammered again.
Despite the holidays, low liquidity, and wait-and-see mode, gold prices moved to the historical psychological resistance level of $2200 per ounce during yesterday's trading before stabilizing around $2178 per ounce at the start of a very quiet trading day.
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Sign up to get the latest market updates and free signals directly to your inbox.At the start of the short trading week due to holidays, gold prices are still on their strong upward trend, gaining at the start of the week to reach the resistance level of $2182 per ounce.
During last week's trading sessions, the price of gold finally surpassed the $2200 resistance level for the first time.
Gold has pulled back just a bit during the trading session on Friday, as it looks like we have plenty of noise out there to continue to throw markets around.