Gold's Demand Support

Gold has seen a worldwide surge, rendering its former supply zones ineffective, and reached a price level of $1972 before hitting another supply zone. Currently, it's an optimal time for sell trades, pending verification. The initial demand zone that it is approaching is at $1945, which might act as a barrier against further price drops and is considered a robust zone.

This analysis is for informational purposes only and should not be considered as financial advice.