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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

22 January 2025 07:59  |

Gold Steady, Supported by Weaker Dollar

Gold prices were steady in early Asian trading on Wednesday, still supported by a weaker dollar, following President Trump's inauguration on Monday.

Trump, who plans to issue executive orders to overhaul border and energy policies and end diversity programs across the federal government, but refrained from immediately imposing new tariffs on Monday. The news eased concerns for some broader commodities.

RECOMMENDATION

- Buy if price moves to $2,752

- Sell if price moves to $2,742

 

Resistance Level 2: $2,765

Resistance Level 1: $2,758

 

Support Level 1: $2,736

Support Level 2: $2,729

 

DISCLAIMER

Note: This article is only an analysis and not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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