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.
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Gold futures settled at their highest levels in about six weeks, driven by expectations that the US Federal Reserve is close to ending the cycle of quantitative tightening.
The gold market witnessed a noteworthy rally during Tuesday's trading session, with signs indicating a potential breakthrough of significant resistance
For five consecutive trading sessions, the XAU/USD gold price is settling around the gains of the recent bullish rebound.
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Gold markets exhibited limited activity on Thursday, maintaining a position above the 50-Day Exponential Moving Average (EMA) following a significant surge
Gold markets displayed limited activity on Friday, with prices maintaining a position above the 50-Day Exponential Moving Average.
Gold markets experienced limited activity during Thursday's trading session, with prices hovering just above the 50-Day Exponential Moving Average.
XAU/USD gold prices held steady at their best levels since mid-June, driven by lower-than-expected US inflation.
Gold markets experienced a rally during Wednesday's trading session, encountering some resistance around the 50-Day Exponential Moving Average
For four trading sessions in a row, the XAU/USD gold price is moving in an upward retracement path, with gains that affected the $1941 resistance level
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In Tuesday's trading session, the gold market experienced a modest rally, testing the upper boundary of a consolidation range near the $1940 level.
Continuing the movement at the end of last week’s trading, the XAU/USD gold price is moving within a rebound upwards, with gains that affected the $1934 resistance level.
Gold markets experienced a slight pullback during Monday's trading session, but then rebounded as value hunters entered the marketplace.
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Sign up to get the latest market updates and free signals directly to your inbox.The bearish market for XAU/USD gold price pushed prices towards the support level of $1902 an ounce.
Friday's release of the Non-Farm Payroll numbers revealed the addition of 209,000 jobs in the previous month, falling short of the expected 225,000.
The gold market experienced a back-and-forth trading session on Thursday, influenced by unexpected ADP numbers that were nearly double the anticipated figures.