• Fri, Jun 19, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

19 June 2026 14:15  |

Gold Under Pressure Due to the Fed's Hawkish Response

Gold prices weakened again and are poised for a third consecutive weekly decline. The main pressure comes from the Federal Reserve's hawkish stance, which has reopened the possibility of an interest rate hike this year. On Friday (June 19th), gold fell as much as 2.1% to around US$4,122 per ounce, while the strengthening US dollar added to the pressure by making gold more expensive for holders of other currencies.

Market sentiment suggests that the temporary peace between the US and Iran and the reopening of the Strait of Hormuz could ease global concerns. However, the market is currently more focused on the direction of the Fed's policy. (asd)

Gold Price at the Time of This Analysis' Release: $4,156

- Buy if the price moves to $4,154

- Sell if the price moves to $4,136

Resistance 2: $4,179

Resistance 1: $4,161

Support 1: $4,125

Support 2: $4,107

Note: This article is analytical in nature and not a definitive reference. Please consider the impact of fundamental and technical developments on trading before making any investment decisions.

Source: Newsmaker.id

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
BIAS23.com BIAS23.com NM23 Ai