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Indonesia News Portal for Traders | Financial & Business Updates

21 July 2025 15:41  |

Why is gold strengthening?

Gold prices rose on Monday (July 21st), supported by a weaker dollar as investors monitored developments in US trade talks and awaited potential market-moving catalysts, including the Federal Reserve's policy meeting scheduled for next week.

As of this writing, gold prices were at $3,365.

Recommendation:

Buy if the price breaks above $3,360

Sell if the price breaks below $3,373

 

Resistance 2: $3,380

Resistance 1: $3,373

 

Support 1: $3,358

Support 2: $3,350

Note: This article is intended for analysis and is not intended as a definitive reference. Always pay attention to fundamental and technical developments before making investment decisions.

Source: Newsmaker.id

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