Friday, August 25, 2023

Gold Continuous Futures (DEC 23) Expected Price Range for 2023-08-24

Note: Due to issues with processing data yesterday, this information was not able to be published until today. This in no way affects the calculations of the expected price ranges as these remain the same and are calculated based on the previous 10 days of data.

Summary: On 2023-08-24, the expected price range for the Gold Continuous Futures was projected to have a low of 1,921.00 and a high of 1,950.61. This forecast was based partially on the previous day's data, where the opening price was 1,927.30, the highest point reached was 1,949.70, the lowest point was 1,927.20, and the closing price was 1,946.10.

Date: 2023-08-23

Open: 1,927.30

High: 1,949.70

Low: 1,927.20

Close: 1,946.10

Next business day: 2023-08-24

Expected low: 1,921.00

Expected high: 1,950.61

Note 2: The date on the chart below should be 8-24-23. 

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