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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In our recent technical analysis, with the price of gold correcting down to the $1495 support, the lowest in nearly two months,
Bitcoin markets have gone sideways for several days in a row, as we continue to dance around the 200 day EMA.
The gold price rebounded from its lowest level in nearly two months during Tuesday's trading session, rising to $1487 an ounce after testing the $1459 support.
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Gold markets initially fell during the trading session on Tuesday after gapping higher.
Risk appetite and the strength of the US dollar contributed to stronger losses for gold prices
Gold markets have broken down significantly during the trading session on Monday, slicing through the important $1490 level
it seems clear that the gold price is in a stage of breaking the uptrend especially if it stabilizes below the $1480 support level.
Gold markets initially fell during the Friday session, reaching down towards the 50 day EMA
Gold markets have gone back and forth during the trading session on Thursday, stabilizing near a major support level.
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Investor risk appetite and strong US dollar pushed the gold price to collapse from the $1535 resistance to the $1500 during Wednesday's session before settling around 1510 dollars per at the time of writing.
Gold markets have broken down rather significantly during the trading session on Wednesday, as we have formed a horrifically bearish candlestick.
Gold markets went back and forth during the trading session on Tuesday, initially falling before turning back around to break towards the $1540 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The increase in geopolitical risk has once again boosted demand for gold.
Concern over the failure of the current round of trade talks between the United States and China and the future of the Brexit, which remains uncertain.
The Gold markets gapped higher during the open on Monday and then continue to rally in order to break the $1530 level.