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Indonesia News Portal for Traders | Financial & Business Updates

19 March 2025 17:01  |

Gold Heads Towards $3,030

Gold fell slightly in the early European session on Wednesday (03/19), correcting slightly lower to near $3,030 at the time of writing. After climbing higher and hitting a new all-time high of $3,045 earlier in the day.

The positive move came after headlines emerged that authorities had detained Istanbul Mayor Ekrem Imamoglu, a major political rival of President Tayyip Erdogan, on charges including corruption and aiding a terrorist group.

RECOMMENDATION

- Buy if price moves to $3,034

- Sell if price moves to $3,024

Resistance Level 2: $3,040

Resistance Level 1: $3,034

Support Level 1: $3,024

Support Level 2: $3,018

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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