Gold Makes New All-Time High
Gold rose above the $3,000 level on Tuesday (03/18), hitting a new record high as demand for safe-haven assets strengthened ahead of the US Federal Reserve's interest rate decision.
With the Fed expected to leave interest rates unchanged, investors will focus on the central bank's latest economic projections and Chairman Jerome Powell's press conference for signals on future policy direction, especially amid trade and tariff concerns. Geopolitical tensions are also contributing to market uncertainty.
RECOMMENDATIONS
- Buy if price moves to $3,018
- Sell if price moves to $3,004
Resistance Level 2: $3,032
Resistance Level 1: $3,025
Support Level 1: $2,997
Support Level 2: $2,990
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