Gold Recovers Slightly After FOMC
Gold attempted to enter positive territory on Thursday (1/30) as the dollar weakened, while investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for further monetary policy cues.
Earlier this week, the White House said Trump still planned to hit Mexico and Canada with steep tariffs on Saturday and that he was "strongly" considering some tariffs on China.
RECOMMENDATION
- Buy if price moves to $2,778
- Sell if price moves to $2,768
Resistance Level 2: $2,784
Resistance Level 1: $2,778
Support Level 1: $2,768
Support Level 2: $2,763
Note: This article is only analysis and not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id