Gold Prices Still Moving At $2,625 In Asia
Gold fell as the dollar surged after President-elect Donald Trump threatened 25% tariffs on Canadian and Mexican imports.
Bullion was trading near $2,620 an ounce after dropping 3.4% in the previous session as easing Middle East tensions dampened demand for safe-haven assets.
Spot gold fell 0.1% to $2,621.45 an ounce at 8:29 a.m. in Singapore after dropping as much as 0.8% earlier.
RECOMMENDATIONS
- Buy if price moves at least to $2,631
- Sell if price moves at least around $2,617
Resistance Level 2: $2,636
Resistance Level 1: $2,641
Support Level 1: $2,612
Support Level 2: $2,607
DISCLAIMER
Note: This article is only an analysis and not a definitive reference. Keep an eye on the development of fundamental and technical aspects in transactions before making investment decisions.
Source: newsmaker.id