Gold’s Path to a New All-Time HighGold is gearing up for its next big move, but it might need a bit more fuel ⛽ to hit that shiny new all-time high of $3,000! With the current price sitting at $2,912, there’s some interesting action to watch above and below.
Before heading lower, Gold might first hunt some higher levels like $2,944 and $2,952—think of these as potential stop-hunting zones that could set the stage for a drop toward the key demand areas. On the downside, I’m eyeing $2,890 and $2,879 (marked as blue boxes on the chart) as solid demand zones. If the price dips into these, we could see a retracement—Gold taking a quick breather. To really build momentum for that push to $3,000, I’d expect it to test $2,859 or even $2,821 first. These could be the launchpads for its next attack on that ATH milestone.
Here are the key levels I’m tracking:
$2,944: Higher zone to watch
$2,952: Potential stop-hunting peak
$2,890: Demand zone #1
$2,879: Demand zone #2
$2,859: Potential fuel-up level
$2,821: Deeper support for momentum
$3,000: The big ATH target
What do you think—ready for the ride?
