Gold Price Forecast – Has the Recovery Finished?
Gold prices pushed sharply higher on Tuesday but have stalled ever since. Has the recovery rally completed? I think it has.
Analysis
Gold Price Forecast – Bulls Cheer Possible Trade Resolution Delay
Gold prices show promising signs of recovery in December
Gold Prices Hold Below Critical Resistance Post-Fed Minutes
The price of gold was little changed following yesterday’s Fed meeting minutes. Significant resistance remains overhead, although the yellow metal is showing resilience as it continues to get bid on dips.
Gold Price Technical Outlook for November 19
Gold price caught a firm bid in North American trading on Monday, will buyers step in to lift the yellow metal higher again today?
Gold Prices Extend Gains, Resistance Within Sight
The yellow metal continued higher in early trading on Thursday but is starting to near some important technical resistance levels.
Gold Prices on Pace to Post Daily Reversal
The price of gold rose in early trading on Wednesday as risk assets eased lower. The yellow metal is on track to post a reversal candle which could lead to a bit more upside.
Gold Bears Encouraged by Tuesday’s Decline
A sharp fall in the price of gold on Tuesday has brought the bears out of the woodwork.
Near-Term Gains Appear Unlikely for Gold
Gold is resilient but risk sentiment is increasingly positive, the dollar is at important support, and there is some major resistance in play.
Gold Likely to Remain Firmly Bid Through NFP
Gold prices have rallied since the Fed meeting, leading to a significant breakout. I expect dips will be bought in the near-term, even if the US jobs report triggers a downward move.
Gold’s Post-Fed Rally Pattern Remains Intact
Gold prices have shown a pattern of rallying in the days that have followed Fed meetings in the year thus far. This time around, it might just lead to a significant breakout.