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| Weekly Gold price Forecast 13_17 May 2024 |
Gold prices continue to move in an uptrend, as the price of gold today, April 8, 2024, reached $2315 per ounce. The highest price recorded today was $2324, and the lowest price was $2300 per ounce.
In the weekly Forecast of gold from May 13th to 17th, 2024, I anticipate some downward correction in gold prices before continuing the upward trend in the medium term.
Table of content :
- Spot Gold Price per Ounce : Today's Performance
- Cost of Gold Today
- Gold Price Calculator
- Gold price chart in U.S. Dollar per ounce, Live gold price chart
- Weekly Gold forecast 13_17 May 2024 1M Time frame
- Weekly Gold forecast 13_17 May 2024 1D Time frame
- Trade Gold (XAUUSD) Settings 13_17 May 2024
1.Spot Gold Price per Ounce : Today's Performance
Today's High Price $2320 Today's Low Price $2303 Highest Weekly Price $2330 Lowest Weekly Price $2227
2.Cost of Gold Today
| Live Gold Price | Gold Spot Price Today |
|---|---|
| Gold Price per Gram | $89 |
| Gold Price per Kilo | $81439 |
| Gold Price per Ounce(28.34 g) | $2308 |
3.Gold Price Calculator
A "Gold Price Calculator" is a tool used to estimate the value of gold Price Today 9 April 2024 based on various factors such as its weight, purity, and the current market price of gold. Users can input the weight of their gold items (in grams, ounces, etc.). It's a handy tool for individuals looking to sell or buy gold jewelry, coins, or bullion, as it helps them gauge the approximate worth of their gold items.
4.Gold price chart in U.S. Dollar per ounce, Live gold price chart
We have witnessed a price surge in gold prices in an upward monthly wave, which confirms the possibility of continued price increases during the month of May 2024.
4.Gold price chart in U.S. Dollar per ounce, Live gold price chart
5.Weekly Gold forecast 13_17 May 2024 1M Time frame
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| Weekly Gold forecast 13_17 May 2024 1M Time frame |
As indicated in the above chart and in the monthly timeframe, I expect gold prices to continue their upward trend during the upcoming week from May 13th to 17th, 2024.
We have witnessed a price surge in gold prices in an upward monthly wave, which confirms the possibility of continued price increases during the month of May 2024.
6.Weekly Gold forecast 13_17 May 2024 1D Time frame
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| Weekly Gold forecast 13_17 May 2024 1D Time frame |
Gold prices Today are currently moving in a corrective downward wave, as indicated in the chart in the weekly timeframe for gold prices.
Gold prices are in a downward wave after rebounding from the supply zone at 2348, and it is expected that this decline will continue until the demand zone at 2226.
7.Trade Gold (XAUUSD) Settings 13_17 May 2024
Buy limit : 2250
Stop loss : 2044
Take profit : 2700
More forecast and analysis : Gold price Today
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