Gold Tends to Be Stable in European Session
Gold prices stabilized again in European trading on Thursday (3/20)
Gold stabilized after hitting a record high earlier in the session on projections of slower US growth and higher inflation this year from the Federal Reserve, which kept interest rates unchanged.
RECOMMENDATION
- Buy if the price moves to $3,050
- Sell if the price moves to $3,040
Resistance Level 2: $3,055
Resistance Level 1: $3,050
Support Level 1: $3,040
Support Level 2: $3,035
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