Expected Price Ranges for November 24, 2023
Price Ranges for Bitcoin, Gold, Silver, Oil, and the DJIA
Crude Oil Continuous Futures (DEC 23) Expected Price Range for 2023-11-24
Summary: On 2023-11-24, the expected price range for the Crude Oil Continuous Futures was projected to have a low of 73.95 and a high of 79.21. This forecast was based partially on the previous day's data, where the opening price was 76.08, the highest point reached was 78.22, the lowest point was 75.80, and the closing price was 77.50.
Date: 2023-11-23
Open: 76.08
High: 78.22
Low: 75.80
Close: 77.50
Next business day: 2023-11-24
Expected low: 73.95
Expected high: 79.21
Silver Continuous Futures (DEC 23) Expected Price Range for 2023-11-24
Summary: On 2023-11-24, the expected price range for the Silver Continuous Futures was projected to have a low of 23.27 and a high of 25.00. This forecast was based partially on the previous day's data, where the opening price was 23.66, the highest point reached was 23.84, the lowest point was 23.65, and the closing price was 23.75.
Date: 2023-11-23
Open: 23.66
High: 23.84
Low: 23.65
Close: 23.75
Next business day: 2023-11-24
Expected low: 23.27
Expected high: 25.00
Gold Continuous Futures (DEC 23) Expected Price Range for 2023-11-24
Summary: On 2023-11-24, the expected price range for the Gold Continuous Futures was projected to have a low of 1,968.75 and a high of 2,031.25. This forecast was based partially on the previous day's data, where the opening price was 1,991.60, the highest point reached was 1,999.50, the lowest point was 1,990.90, and the closing price was 1,994.80.
Date: 2023-11-23
Open: 1,991.60
High: 1,999.50
Low: 1,990.90
Close: 1,994.80
Next business day: 2023-11-24
Expected low: 1,968.75
Expected high: 2,031.25
BTC-USD Expected Price Range for 2023-11-24
Summary: On 2023-11-24, the expected price range for BTC-USD was projected to have a low of 35,575.14 and a high of 38,991.32. This forecast was based partially on the previous day's data, where the opening price was 37,424.20, the highest point reached was 37,646.06, the lowest point was 36,892.34, and the closing price was 37,299.18.
Date: 2023-11-23
Open: 37,424.20
High: 37,646.06
Low: 36,892.34
Close: 37,299.18
Next day: 2023-11-24
Expected low: 35,575.14
Expected high: 38,991.32
DJIA Expected Price Range for 2023-11-24
Summary: On 2023-11-24, the expected price range for the DJIA (Dow Jones Industrial Average) was projected to have a low of 34,999.06 and a high of 35,521.88. This forecast was based partially on the previous day's data, where the opening price was 35,189.33, the highest point reached was 35,315.20, the lowest point was 35,155.80, and the closing price was 35,273.03.
Date: 2023-11-22
Open: 35,189.33
High: 35,315.20
Low: 35,155.80
Close: 35,273.03
Next business day: 2023-11-24
Expected low: 34,999.06
Expected high: 35,521.88
This material originally appeared on Stonksmaster.
Integrating our daily expected price ranges into your analysis gives you a fresh perspective on support and resistance levels that transcend traditional technical analysis. Our Expected Price Range dynamically adjusts based on momentum, calculating an anticipated price range for today's trading using the last ten daily closes.
It's crucial to remember that the Expected Price Range is not an investment recommendation or a suggestion to buy or sell securities. Instead, it serves as a highly beneficial supplementary tool that works in tandem with any existing technical or fundamental methodologies you're employing. By comparing support and resistance levels with the Expected Price Range, you can effectively cross-verify your work and eliminate any potential biases.
As always, consult with your financial advisor before making any investment decisions to ensure your strategies align with your financial goals and risk tolerance. Make smarter investment decisions by letting Stonksmaster guide you through a well-rounded, multi-faceted approach to analyzing market trends and opportunities.