Gold Analysis – 04.Apr.2024

Gold Analysis: 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!”

(This Post on TradingView)

Author : Arman Shaban
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