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Indonesia News Portal for Traders | Financial & Business Updates

23 January 2025 09:49  |

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

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