Chart Gold Price Forecast 2020

The current price of gold can be viewed by the ounce gram or kilo.

Chart gold price forecast 2020. Gold price is widely followed in financial markets around the world. The rounding pattern on gold s chart suggests gold will rise to 1 725 in 2020 and may test 1 925 in 2021. Losing momentum even as vol perks up levels for xau usd 2021 01 28 20 00 00 ftse 100 rolling over testing support.

We also do not forecast gold to rise to all time highs after the first test of former all time highs. Gold bulls bid ahead of fomc xau usd levels 2020 12 15 18 00 00 michael boutros strategist gold technical price outlook. The gold price forecast at the end of the month 82 20 change for december 0 5.

Gold price forecast for january 2023. Note that these are spikes and prices will retrace after hitting those peaks. Fed s willingness to allow inflation to run hot and balance sheet expansion could keep gold better bid in 2020.

Gold price predictions for 2020. The average for the month 80 99. Historically gold reached an all time high of 2074 88 in august of 2020.

High price 84 62 low 76 56. Xau usd weekly trade levels. In the beginning price at 82 20 dollars.

The gold price forecast at the end of the month 80 59 change for january 2 0. They also state that we expect prices to rise sharply at some point in the future to new records significantly higher than 2 000. Gold price has put on a good show in 2019 on dovish fed trade war and recession fears.