Gold Price Forecast and Analysis for today February 2024

in this Daily Gold Price forecast for today 18 January 2024  im going to show you how i will predict and forecasting Gold Price for next month February 2024, so i want just to shear with you my analysis and forecast so its not a signal ,so read this weekly gold price forecast before trade Gold price in February 2024.

Gold Price Today 18 Jnuary 2024

 Gold Price at this time of publication this article 18 January 2021 is 1827 near the Demand area as you see in the chart below.

Gold Price Forecast and Prediction for next week

Gold prices witnessed a sharp decline during the past week, and we expect gold to fall further during the next week and also in February 2024. In the daily term, we can wait until the correction ends slightly to the upside and enter into selling gold immediately after the correction. Because gold prices are currently close to the demand area The daily is very strong. We expect the beginning of gold’s correction from the current support area near 1776.

Monthly Gold Price chart and  Forecast 

 for February 2024 In the long term, I expect gold to further weaken as the chart shows unfortunately, and therefore we await any attempt to correct to the upside and sell gold, including gold. Gold prices in the past months have witnessed a strong rise, but the time has come to sell gold as soon as a correction occurs to the upside.

More : our last analysis and forecast for gold price in our YouTube channel