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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

14 February 2025 00:07  |

Gold Extends Gains Again

Gold prices rose on Thursday (2/13) as concerns grew about U.S. President Donald Trump's upcoming tariff plans, which could further strain global trade relations.

U.S. producer prices rose strongly in January, providing further evidence of rising inflation and reinforcing financial market expectations that the Federal Reserve will delay interest rate cuts until the second half of this year.

RECOMMENDATIONS

- Buy if price moves to $2,921

- Sell if price moves to $2,907

 

Resistance Level 2: $2,935

Resistance Level 1: $2,928

 

Support Level 1: $2,900

Support Level 2: $2,893

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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