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

10 July 2026 09:28  |

Gold Prices Move Limited

Newsmaker.id - Gold prices moved limitedly in Asian trading on Friday (July 10th), after posting a gain of more than 1% in the previous session. XAU/USD traded around US$4,120 per troy ounce, weakening slightly as investors began to take profits following Thursday's price surge.

In the previous session, spot gold jumped 1.3% to US$4,130.58 per troy ounce. This gain was driven by buying at low prices and increased demand for safe-haven assets following the renewed escalation of tensions between the United States and Iran.

Gold Price at the Time of This Analysis' Release: $4,124

- Buy if the price moves to $4,115

- Sell if the price moves to $4,135

Resistance 2: $4,155

Resistance 1: $4,143

 

Support 1: $4,115

Support 2: $4,105

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

(CP)

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