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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

18 February 2025 23:57  |

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

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