Gold Price Forecast Technical Analysis

Gold price futures gc technical analysis 1869 10 1846 00 retracement zone controlling price action the direction of the april comex gold futures contract into the close is likely to be.

Gold price forecast technical analysis. Gold technical analysis stay up to date with our exclusive technical analysis about gold written by our top analysts. The metal holds its value well making it a reliable safe haven. 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.

Moments ago christopher lewis technical analysis s p 500 forecast. Jan 29 2021 gold price futures gc technical analysis intraday bulls take advantage of light volume fueling whipsaw friday s price action indicates the near term direction of april gold will. Watch as gold prices fluctuate based on technical analysis global political developments and comprehensive market research in the gold market forecasts below.

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. My forecast for the gold price in 2021 is based on the current environment of negative real yields a weak dollar rising inflation expectations and ongoing monetary and fiscal stimulus. American asian and european.

If you are looking for commodites with good return gold can be a profitable investment option. Most commonly quoted in us dollars xau usd gold price tends to increase as stocks and bonds decline. Gold price forecast overview.

Unlike in 2020 when falling us yields typically meant gains for gold prices rising us yields present a fresh challenge in 2021. Gold prices are following us yields. We also have to consider the fed s diminishing ability to respond effectively to crisis their toolbox is indeed getting low.

Christopher lewis on january 27 2021 latest news. The technical indicators applied on the charts will help you predict the trend of the gold rate. Based on our forecasts a long term increase is expected the gc commodity price prognosis for jan 23 2026 is 3195 210 usd per ounce.