Upon analyzing the daily gold chart, itโs 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:
โข $2247
โข $2242
โข $2233
โข $2222
And the critical supply ranges are :
โข $2281
โข $2283
โข $2299
Feel free to share any additional questions in the comments section via the analysis link, and Iโll be happy to provide answers!"
Best Regards , Arman Shaban