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Indonesia News Portal for Traders | Financial & Business Updates

21 March 2025 06:55  |

Gold Steady In Asian Session

Gold prices fell on Thursday as investors took a breather following the Federal Reserve’s (Fed) latest monetary policy decision and escalating hostilities in the Middle East. XAU/USD was trading at $3,042, down more than 0.19%.

Market sentiment turned negative, while the greenback showed a recovery as depicted by the US Dollar Index (DXY), which tracks a basket of six currencies against the greenback.

RECOMMENDATION

- Buy if price moves to $3,052

- Sell if price moves to $3,038

 

Resistance Level 2: $3,066

Resistance Level 1: $3,059

 

Support Level 1: $3,031

Support Level 2: $3,024

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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