Gold Down Ahead of US Jobless Data
Gold continued its decline on Friday (12/6), ahead of a key US jobs report that could influence the Federal Reserve's interest rate policy.
The precious metal fell 0.7% on Thursday, its biggest decline since Nov. 25. The metal has been trading in a narrow range since early last week.
RECOMMENDATION
- Buy if price moves to at least $2618
- Sell if price moves around at least $2608
Resistance Level 2: $2632
Resistance Level 1: $2625
Support Level 1: $2601
Support Level 2: $2594
DISCLAIMER
Note: This article is only an analysis and not a definitive reference. Pay attention to developments in fundamental and technical aspects in trading before making investment decisions.
Source: newsmaker.id