Gold Price Forecast and Technical Analysis Today

The Gold markets gapped higher at the open on Thursday, and then shot towards the $1400 level.

Gold markets rallied significantly after initially trying to pull back during the trading session on Wednesday.

During the trading session on Tuesday we have seen a lot of volatility in the precious metals markets, not only gold, but also silver.

Gold markets fell during the trading session on Monday but have recovered as we got later into the session.

Gold markets surged higher to kick off the Friday session after initially dipping just slightly at the open.

Gold markets rallied during the trading session on Thursday, reaching towards the upside and the massive gap that kicked off this week.

The attached chart is the hourly timeframe, which is much shorter than I typically show you here at Daily Forex.

Gold markets initially fell during the trading session on Tuesday, reaching down towards the $1325 level, which of course has been important a couple of times in the past.

Gold markets broke down immediately at the open on Monday, gapping lower in a sign of perhaps markets calming down a bit after the United States and Mexico seem to be coming together as tariffs have been averted.

Gold markets went back and forth during the course of the trading session on Friday, breaking above the vital $1350 level.

Gold markets went back and forth during trading on Thursday, grinding away yet again.

Gold markets rallied significantly during the trading session on Wednesday, slamming into the crucial $1350 level.

The Gold markets went back and forth during the trading session on Tuesday as we have entered an overbought range.

Gold markets rallied rather significantly during the day on Monday, breaking significantly higher as we continue to see a lot of “risk off” trading around the world.

Gold markets exploded to the upside during the day on Friday, reaching above the downtrend line that has been so prevalent on the daily chart.