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. Ready to Get Started with Gold Trading?
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Gold markets have fallen apart during the trading session on Tuesday, as the bullish move in gold has finally been abated.
As largely predicted, gold prices reached overbought areas, and technical indicators await profit-taking selloffs for correction.
Gold markets gapped higher to kick off the trading session and shot up from there, but we have seen gold rollover since then.
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The pace of sharp and continuous gains in the price of gold has stopped at the end of last week’s trading, amid profit-taking sales in light of the USD strength
Gold markets have formed an engulfing bearish candlestick during the trading session on Friday, showing signs of weakness.
Gold markets have rallied a bit again during the trading session on Thursday, reaching towards the $2080 level before pulling back just a bit.
Gold price performance broke all accepted trading rules and analysis.
Gold markets shot higher again during the trading session on Tuesday, gapping to the upside right away, pulling back to fill that gap, and then shooting straight up into the air again.
For the first time in the history of gold prices, it has reached $2000.
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Speculators who have not been paying attention to the price of gold the past day and looking at its value today may wonder if they have missed the opportunity to take advantage of its trend.
Gold markets broke out to the upside during the trading session on Tuesday, clearing the $2000 level handily.
The strength of the US dollar contributed to the decline in the price of gold to the $1961 an ounce after a rush at the beginning of trading towards $1985 an ounce.
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Sign up to get the latest market updates and free signals directly to your inbox.The gold markets have touched the $2000 level a couple of times over the last couple of days, but we cannot seem to hang on to the gains above there.
Yellow metal bulls succeeded in pushing the price of an ounce of gold towards the $1983 resistance, its highest level in history.
The gold markets rallied significantly during the trading session on Friday, touching the $2000 level before pulling back.