Gold prices looked primed for a topside break out last week as it coiled into a falling wedge formation. The pattern was marked by a descending trendline to the topside, derived from the August high, and a trendline on the lower end around the $1,850 mark.
Gold Technical Price Outlook
Gold Spot Above $1870, Short Term Up Side Target $1907—$1918 – Neal Bhai
![Gold Price Intraday Technical Forecast By Neal Bhai [08-06-2022]](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20650%20380'%3E%3C/svg%3E)
Gold Spot Above $1870, Short Term Up Side Target $1907—$1918 – Neal Bhai
Gold Forecast – How Gold Prices Could Exceed $10,000
As the next 6-month low in gold approaches, I wanted to share some thoughts on where I believe the bull market in gold is headed. Any dip from here is considered a long-term buying opportunity.
Gold Spot Tips Today – Below $1912 Target $1864——$1834——$1815——$1780
Gold Spot Tips Today – Below $1912 Target $1864——$1834——$1815——$1780
GOLD PRICE TRADES BELOW 50-DAY SMA FOR FIRST TIME SINCE JUNE
Gold Price Prediction – Prices Rise and Recapture Resistance as the Dollar Slides
Gold price rose on Monday the dollar moved lower. Prices were finally able to capture resistance which now supports near the 10-day moving average at 1,949. Target support is seen near the 50-day moving average at 1,889.
Gold Spot Target : Above $1900 Target $2035—$2130—$2182 – Neal Bhai Reports
Positional Gold Spot Target : Above $1900 Target $2035—$2130—$2182 Gold prices climbed to their highest level in nearly two weeks on Monday, as the dollar weakened and the U.S. Federal Reserve’s new policy framework suggested that interest rates would remain low for some time.
Gold Rebounds on Weak Dollar With Investors Weighing Fed Policy
Gold climbed, recovering from Thursday’s drop, as the dollar sank with investors weighing the impact of the Federal Reserve’s new approach to setting U.S. monetary policy.