Spot Gold Weekly Forecast (August 8 – 12, 2022)
Gold Uptrend Key Level 👈️👈️👈️
The uptrend may be expected to continue in case the market rises above resistance level $1800, which will be followed by reaching resistance level $1820 – $1840.
Gold MCX
MCXMoney is the best MCX tips provider in India. Get MCX gold tips today that help you take the best decision about your mcx gold commodity investment.
Gold Price Forecast: Yellow Metal Bears, Below $1,810 Level [01-02-2022]
Gold Price Forecast: Gold attracted some buying near the $1,785 region on Monday and ended the day in the green, snapping three consecutivedays of the losing streak to the lowestlevel since December 16. As investors digested a more hawkish tone coming out of the FOMC meeting last week, the US dollar witnessed aggressive longunwinding trade and recorded its biggest drop in nearly three weeks. This, in turn, was seen as a key factor that extended some support to the dollar-denominated commodity.
Weekly Target Price of Gold [24-01-2022]
Gold Price: After falling below $1200 per ounce in 2018, gold rebounded sharply over the next 12 months, and a significant bullish trend began. Its yield increased by almost 20%, whereas its quotes went up to $1,556 per ounce. The rally continued in 2020. The COVID-19 pandemic increased the popularity of the precious metal as a hedging instrument, which has led to an increase in its price.
GOLD PRICES FUNDAMENTAL FORECAST: BULLISH [23-01-2022]
![GOLD FUNDAMENTAL FORECAST: BULLISH [23-01-2022]](https://www.mcxmoney.com/wp-content/uploads/2021/03/FINE-GOLD.jpg)
Gold Fundamental Forecast: Gold bulls scored another win last week, with gold prices rising nearly a full percentage point, pulling the yellow metal’s monthly gain performance into positive territory. Treasury yields pulled back across the curve into the weekend.
Gold: Elliott Wave Analysis and Weekly Forecast for 24-01-2022 to 28-01-2022
Gold Weekly Forecast: Daily chart: an ascending third wave of larger degree (3) is formed, a descending correction developed as the fourth wave (4), and the fifth wave (5) appears to be unfolding, with the third wave of smaller degree 3 of (5) starting to form inside.
Bullion Trading Tips: Gold Wave Analysis for Today [21-01-2022]
Gold Trading Tips for today: On the daily chart, the fifth wave of the higher level (5) develops, within which the first entry wave 1 of (5) formed, the correctional wave 2 of (5) developed, and the wave 3 of (5) forms.
Bullion: Gold Price is Consolidating at 1800.00 [19-01-2022]
Gold Current trend: Gold prices are consolidating near the psychological support at 1800.00, developing a weak downtrend since the end of last trading week. Demand for the precious metal is moderately declining as investor activity recovers.
Gold Price Forecast For Today: Yellow Metal Analysis [19-01-2022]
Gold Price Forecast For Today: Yesterday, gold traders tested the zone of good buy prices 1818 – 1811. This zone was held. The US trading session closed the price above level 1811. Today, the gold uptrend continues. Look for long trades today with the first target around January 14 high.