Gold Prices Today, Live Price
In today's ever-evolving market, gold prices are exhibiting a sideways movement, oscillating between the supply zone at 2036 and the demand zone at 2029. The current gold price stands at 2031, navigating within this range. This article will explore the dynamics of this lateral movement, highlighting the day's highs and lows, the weekly range, and the current market sentiment.
Cost of Gold Today
| Live Gold Price | Gold Spot Price Today |
|---|---|
| Gold Price per Gram | $65.26 |
| Gold Price per Kilo | $65,256 |
| Gold Price per Ounce(28.34 g) | $2,029.69 |
Gold Price Today : Convert Gold Ounce to US Dollar Or vice versa
Gold price chart in U.S. Dollar per ounce, Live gold price chart
The present gold price is situated at 2031, capturing the ongoing lateral movement within the specified supply and demand zones.
- Sideways Movement on Gold price today :
Gold prices today are characterized by a lateral or sideways movement, indicating a balanced market where neither buyers nor sellers have taken full control.
- Supply Zone (2036) and Demand Zone (2029):
The supply zone at 2036 serves as a resistance level, while the demand zone at 2029 acts as support. The tug-of-war between these levels contributes to the current sideways movement.
- Day's High and Low on Gold price today:
The day's high reached 2037, while the low touched 2019. This range provides insights into the intraday fluctuations and the indecision prevailing in the market.
- Gold price Weekly Range :
Over the course of the week, gold prices have fluctuated between the highest recorded price of 2038 and the lowest point of 2002 Understanding this broader range offers a comprehensive view of the weekly performance.
- Gold price today Sentiment:
The current market sentiment reflects the equilibrium between buyers and sellers. Traders are advised to stay vigilant for potential breakouts or shifts in sentiment that may indicate a change in the prevailing trend.
- Conclusion on Gold price today :
In conclusion, today's gold prices showcase a lateral movement, with the precious metal navigating between the supply and demand zones at 2036 and 2029, respectively. The current gold price at 2031 reflects a balanced market, emphasizing the importance of monitoring key price points, intraday fluctuations, and overall market sentiment for informed decision-making. As traders navigate this sideways movement, staying alert to potential breakout opportunities is essential.
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