Gold Price Forecast – Gold Markets Continue to Reach Higher

Gold Price Forecast – Gold Markets Continue to Reach Higher

Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.Christopher LewisApril 16, 2021, 9:31 AM·2 min readOops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.Gold markets have rallied significantly during the trading session again on Friday, as we continue to see gold recover from extreme lows. That being said, I want to see how this market behaves on a pullback in order to tell whether or not there are buyers willing to get involved and support it. The US dollar of course will have its say as to where we go next, as a stronger dollar can work against the value of gold. However, most importantly we need to pay close attention to the yields in America, because quite frankly the yields in the treasury markets have been a major driver of where the greenback goes. As the greenback rises, it most certainly will put downward pressure on the gold market.Gold Price Predictions Video 19.04.21Gold is currently reaching towards the 200 day EMA, so if we were to break higher, I think that will be the next major resistance barrier, right along with the $1800 level. If