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Indonesia News Portal for Traders | Financial & Business Updates

24 November 2025 16:48  |

Gold Rebounds on Fed Rate Cut Speculation

Gold (XAU/USD) recovered slightly from its intraday low reached early in the European session and traded with a mild negative bias.

Mixed signals from US Federal Reserve (Fed) officials opened the door to another interest rate cut in December and prompted profit-taking in the US Dollar (USD) after its recent rise to its highest level since late May. This proved to be a key factor providing some support for the non-yielding yellow metal.

Gold price at the time of this analysis was released was $4,069

- Buy if the price moves below $4,063

- Sell if the price moves below $4,075

Resistance 2: $4,104

Resistance 1: $4,087

 

Support 1: $4,059

Support 2: $4,042

Disclaimer:

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

Source: Newsmaker.id

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