Daily Gold Analysis April 24, 2024

Gold Price Today April 24, 2024

Daily Gold Analysis April 24, 2024

Gold prices witnessed significant fluctuations yesterday, as expected due to the decline in the Iran-Israeli war tensions and assurances from both sides to cease hostilities following intervention from the United Nations Security Council and several major countries. A continuation of the downward correction in gold prices is anticipated in the upcoming hours after achieving record highs.

Table of content:

1. Daily Gold Analysis April 24, 2024
2. Gold Price Today, April 24, 2024
3. Gold Price Analysis Today, April 24, 2024
4. Daily Gold Price Analysis on April 23, 2024
5. Bitcoin Buy Trade Today, April 24, 2024

1.Gold Price Today, April 24, 2024:

The price of gold today is $2311 per ounce, which is an attractive price currently. The highest recorded price for gold today is $2310, and the lowest is $2191 per ounce.

2.Gold Price Analysis Today, April 24, 2024:

As indicated in yesterday's daily analysis of gold prices on April 23, 2024, gold prices continued to decline and reached the target mentioned in yesterday's analysis, which was a visit to the demand zone at $2290. Currently, gold prices remain consolidated in the area, but there is still selling pressure. Therefore, we are still in favor of the sellers' trend and will sell gold once a correction occurs in gold prices, as shown in the chart above. A sell deal from the supply zone at $2325, targeting the same demand zone at $2296.

Gold price Analysis April 24, 2024

3.Daily Gold Price Analysis on April 23, 2024:

As published in yesterday's analysis article on gold prices, we pointed out the high probability of gold prices declining and visiting the $2295 zone, which indeed happened as illustrated in the chart below.

4.Bitcoin Buy Trade Today, April 24, 2024:

As shown in the chart below, there is currently a strong buy deal on Bitcoin in case of a retest on the 15-minute timeframe. A buy trade after the retest with a risk ratio of one to four, as indicated in the chart. The current price of Bitcoin is at $66125 per unit, and it is expected that Bitcoin prices will reach $150000 per unit before the end of 2024, especially after breaking the prices to a previous all-time high.

Bitcoin Buy Trade Today, April 24, 2024

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