Gold Forecast: Gold Continues to Struggle

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Gold markets have continued to be very soft in general: Forex Trading Forecast

Enter your emailIf we break down to a fresh, new low, then it’s likely that the gold market will go down to the $1500 level.have continued to be very soft in general, as the market continues to pay close attention to the US dollar and interest rates in America.

hike, people will have already started to price that in. Because of this, it’s likely that we will continue to see gold struggle overall, given enough time.The next couple of days will be very crucial for the gold market The $1500 level of course is a large, round, psychologically significant figure, and therefore a lot of noise would be expected in that area.

 

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