Upon analyzing the daily gold chart, it’s evident that gold remains robust in a powerful upward rally. Notably, there is no significant supply range ahead, prompting bulls to seek purchases during minor corrections and drive prices higher. Today, gold achieved a new all-time high (ATH), which was $2288.
For reference, the essential demand ranges are as follows:
• $2247
• $2242
• $2233
• $2222
And the critical supply ranges are :
• $2281
• $2283
• $2299
Feel free to share any additional questions in the comments section via the analysis link, and I’ll be happy to provide answers!"
Best Regards , Arman Shaban