Gold Expected Price Range for 10-13-2023

Gold Expected Price Range for 10-13-2023.

Transcript:

Gold Expected Price Range for 10-13-2023

Summary: On 10-13-2023, the expected price range for the Gold Continuous Futures was projected to have a low of 1,843.75 and a high of 1,909.28.

Date: 10-12-2023
Open: 1,888.20
High: 1,898.30
Low: 1,880.60
Close: 1,882.90

Next business day: 10-13-2023
Expected low: 1,843.75
Expected high: 1,909.28

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How the Expected Price Range tool works:

This tool takes the last ten daily closes, adjusts for price momentum, and calculates what price range can be expected for that day's trading. It is important to note that the Expected Price Range is not investment advice nor a recommendation to buy or sell. It is intended as a supplement to any existing technical or fundamental analysis tools you may already be using.

The Expected Price Range is designed to be a neutral and unbiased yardstick with which to compare any existing support or resistance levels you have already decided to be of importance. By comparing any existing support or resistance levels you have already selected to the Expected Price Range, you can evaluate whether or not they are valid by measuring them against the Expected Price Range.