Gold Price Today And Forecast

 Gold Price Today And Analysis

Gold prices Today are moving sideways on the morning of Monday, February 19, 2024, between the levels of 2012 and 2016.

 Gold Price Today And Forecast

 In this article, I will mention the price of gold today and the method of trading on gold during the day and throughout this week from February 19 to 23, 2024.

This article addresses:

1. Gold Price Today
2. Weekly Gold Price Forecast 19-23 February 2024
3. Gold Price Analysis Today
4. Gold Trade Execution 

1.Gold Price Today

 The price of gold is currently $2014 per ounce. Gold prices witnessed a recovery at the end of last week from the daily demand zone of 1985. 

2.Weekly Gold Price Forecast 19-23 February 2024

In the daily timeframe, gold prices have touched a strong weekly and daily demand zone near the price of 1985. Consequently, gold prices are currently poised to continue rising in the long term.

Weekly Gold Price Forecast 19-23 February 2024

3.Gold Price Analysis Today

It is expected to continue rising against the US dollar this week. I expect gold prices in the hourly timeframe to correct downwards to the level of 2004 before resuming their ascent, as shown in the chart below.

Gold Price Analysis Today

4.Gold Trade Execution :

Buy limit: 2003

Stop loss: 1995

Take Profit : 2030