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Indonesia News Portal for Traders | Financial & Business Updates

10 November 2025 16:53  |

Gold Rises Amid Global Economic Slowdown.

Gold is attracting buyers amid global growth concerns and growing speculation of a Fed interest rate cut. Traders are increasing speculation of a US interest rate cut following weak US private employment data and a dismal University of Michigan (UoM) Consumer Sentiment Index survey.

At the time of this analysis, gold prices were around $4,080.

Buy if the price is around $4,075.

Sell if the price is around $4,085.

 

Resistance 2: $4,100.

Resistance 1: $4,090.

 

Support 1: $4,070.

Support 2: $4,060.

Disclaimer:

This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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