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?
Ready to Get Started with Gold Trading? Get Started Today!
Most Recent
The gold markets rallied a bit during the trading session on Tuesday but have given back quite a bit of the gains.
Gold markets initially tried to rally during the trading session on Monday but gave back quite a bit of the gains to end up forming a relatively lackluster session.
The US dollar got a strong momentum amid positive and better than expected US jobs results during the month of November, along with the strength of the dollar, it was natural that the price of gold fell to the $1458 support, and attempts to rebound before the report pushed the price of the yellow metal to the $1480 level, and it is now stable around $1461 at the time of writing.
Top Forex Brokers
Gold markets initially tried to rally during the trading session on Friday but then got hammered after the jobs number came out much stronger than anticipated.
Global uncertainty is on the rise; ranging from the UK election next week and the impact it may have on Brexit, to the stalled US-China phase-one trade deal and fresh tariffs
Gold markets did very little during the trading session on Thursday as you would anticipate, mainly because we are awaiting the jobs figure.
Gold markets initially tried to rally during the trading session on Monday, but then on Wednesday turned around to show signs of exhaustion
Since the correlation between the US dollar and gold prices is inverse, it was normal with the dollar decline, and investors’ flight out of risk, that gains of gold prices increase, which reached the $1482 resistance of, the highest in a month, and is stable around that at the time of writing.
Gold markets rallied significantly during the trading session on Tuesday, as Donald Trump suggested that the China deal might be better off being done after the election, and that of course causes a lot of fear.
Bonuses & Promotions
Gold markets have rolled over initially during the trading session on Monday but have continue to find support at the same levels again.
With the markets returning to the full nature of their work after a prolonged US holiday for the Thanksgiving, and investors avoided trading, gold investors are questioning the success of it holding in the face of the USD strength and the return of investors' risk appetite amid optimism of resolving the trade dispute between the United States and China.
Gold markets have rallied a bit during the day on Friday in what would have been very low volume.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.As global economic data continues to disappoint, safe-haven assets such as gold are expected to attract fresh capital.
Gold markets drifted a little bit lower during the trading session on Thursday and what would have been very thin trading during the Thanksgiving Day holiday.
Gold markets initially fell during the trading session on Tuesday, reaching down towards the $1450 level, an area that has been crucial more than once.