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Gold Expected Price Range for October 20, 2023
Gold Expected Price Range for October 20, 2023.
Transcript:
Gold Expected Price Range for October 20, 2023
On October 19, 2023, gold opened at $1,962.70.
It reached a high price of $1,994.30.
Gold hit a low price of $1,957.00.
It closed on October 19, 2023, at $1,989.00.
On October 20, 2023, gold is expected to reach a low of $1,945.65.
Gold is expected to reach a high of $2,031.25 on the day.
Be sure to visit Stonksmaster.com for Expected Price Ranges for Bitcoin, gold, the Dow Jones Industrial Average, silver, and oil.
=== End Transcript ===
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. In terms of probability it is expected to perform equal to, or better than, a standard bell curve distribution. However, no guarantees or warranties are made here and all decisions to invest should be made in consultation with your trusted financial advisor. 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.
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