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Indonesia News Portal for Traders | Financial & Business Updates

26 February 2025 10:57  |

Gold prices move higher amid trade war concerns

Gold prices (XAU/USD) recovered after hitting a one-week low in the previous session. The ongoing uncertainty and fears of instability around US President Donald Trump's tariff plans provided some support to the yellow metal, a traditional safe-haven asset.

As of this writing, Gold prices are at $2,919

RECOMMENDATION

- Buy if price moves to $2,915

- Sell if price moves to $2,925

 

Resistance Level 2: $2,939

Resistance Level 1: $2,929

 

Support Level 1: $2,909

Support Level 2: $2,899

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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