Gold Held Near The Highest Level Since October
Gold prices were stable in early Asian trading on Thursday (23/1), still supported by the prospect of strong demand for the precious metal. A weaker dollar and lower Treasury yields have again attracted investor interest
Gold is up about 2% so far this week and is holding near its highest level since October, as traders weigh the impact of President Donald Trump's latest tariff threats against China and the European Union on the global economy.
RECOMMENDATIONS
- Buy if the price moves to $ 2,757
- Sell if the price moves to $ 2,747
Resistance Level 2: $ 2,770
Resistance Level 1: $ 2,763
Support Level 1: $ 2,741
Support Level 2: $ 2,734
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