cost of gold today and forecast

 Gold price today and analysis

Gold prices have experienced a slight correction from the $2032 region over the past two days and are currently hovering near the demand zone at $2022. 

cost of gold today and forecast

The article will cover the following points:

1. Gold Price Today
2. Gold Price forecast Daily time frame
3. Gold Price forecast 1H time frame
4. Trade Entry on Gold

Gold Price Today

Today's price for gold is $2024 per ounce, with the lowest price for the day being $2019 and the highest being $2026. 

Gold Price forecast Daily time frame

In the daily timeframe, gold prices are near a somewhat strong supply zone, but traders are still inclined towards buying gold for the short term. 

Gold Price forecast Daily time frame

Gold Price forecast 1H time frame

Therefore, any downward correction in gold prices would be an opportunity to buy gold again. We currently have a buying opportunity in the daily timeframe, and thus it is preferable to buy gold now from the price level of $2023, as shown in the chart below.

Visit the last Gold forecast and analysis here

Gold Price forecast 1H time frame

Trade Entry on Gold

Buy limit : 2022

Stop loss :2019

Take Profit :2034