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Indonesia News Portal for Traders | Financial & Business Updates

7 January 2026 19:29  |

Gold Prices Reversal Down Ahead of US Data

Gold prices fell in recent trading as investors opted to take profits after the previous rally, while awaiting confirmation from US economic data.

The market's focus is now on the release of employment data, which is expected to determine the direction of the Fed's interest rate policy. Therefore, interest in buying gold tends to be restrained, despite still-high geopolitical tensions.

The gold price at the time of this analysis was $4,443

- Buy if the price is at $4,450

- Sell if the price is at $4,436

 

Resistance 2: $4,464

Resistance 1: $4,457

 

Support 1: $4,429

Support 2: $4,422

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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