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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

15 February 2025 01:12  |

Gold Down On Fed Monetary Policy

Gold fell on Friday (2/14) after testing a record high of $2,940 earlier in the session as markets weighed global demand for safety and the outlook for Fed monetary policy.

US President Donald Trump said the US would mediate a ceasefire with Moscow over Russia's war with Ukraine, raising expectations that the conflict could end soon, supporting riskier assets in Europe.

RECOMMENDATIONS

- Buy if price moves to $2,893

- Sell if price moves to $2,879

 

Resistance Level 2: $2,907

Resistance Level 1: $2,900

 

Support Level 1: $2,872

Support Level 2: $2,865

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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