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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

21 November 2024 18:01  |

Gold Prices Steady Ahead of US Data Release

Gold bullion traded above $2,660 an ounce after Ukraine said Russia had launched an intercontinental ballistic missile at the central Ukrainian city of Dnipro. The attack appeared to be the first reported use of an ICBM, designed to hit targets thousands of kilometers away, since the start of the invasion. Rising geopolitical tensions tend to benefit the precious metal.

- Buy if the price moves at least above $2,672

- Sell if the price moves at least around $2,662

 

Resistance Level 2:  $2679

Resistance Level 1: $2,672

 

Support Level 1: $2,662

Support Level 2: $2,655

 

DISCLAIMER

Note: This article is only an analysis and not a definitive reference. Always pay attention to developments in fundamental and technical aspects of trading before making investment decisions.

Source: newsmaker.id

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