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Indonesia News Portal for Traders | Financial & Business Updates

27 December 2024 13:05  |

Gold Prices Stable After Christmas Holiday

Gold prices moved in the $2632 placement area in the Asian session on Friday (12/27).

This precious metal has become a safe haven asset that can find support to rise as the market anticipates signals regarding the United States (US) economy under the upcoming Trump administration and the outlook for Federal Reserve (Fed) interest rates for 2025.

Until this news was released, the Gold Price was at $2,632

RECOMMENDATION

- Buy if the price moves at least $2,636

- Sell if the price moves at least around $2,627

 

Resistance Level 2: $2,643

Resistance Level 1: $2,636

 

Support Level 1: $2,627

Support Level 2: $2,620

 

DISCLAIMER

Note: This article is analysis only and is not a definitive reference. Pay attention to developments in fundamental and technical aspects in transactions before making investment decisions.

Source: Newsmaker.id

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