Gold Rises Again On Tariff Uncertainty
Gold prices rose on Tuesday (2/18) as concerns about economic growth due to uncertainty surrounding U.S. President Donald Trump's tariff plans drove safe-haven flows into bullion.
Since taking office last month, Trump has rapidly changed the global trade war with a series of tariffs, while plans are already underway for a comprehensive reciprocal tariff, aimed directly at any country that taxes U.S. goods.
RECOMMENDATIONS
- Buy if price moves to $2,938
- Sell if price moves to $2,924
Resistance Level 2: $2,952
Resistance Level 1: $2,945
Support Level 1: $2,917
Support Level 2: $2,910
Note:
This article is only an analysis and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id