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Gold Analysis – 04.Apr.2024

Gold Analysis – 04.Apr.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

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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