Gold Price Moves in the $3018 Area
Currently, the price of gold continues to move in the $3012-$3028 area on Wednesday (3/26).
Meanwhile, Copper metal is in the spotlight after United States (US) President Donald Trump said on Tuesday that Copper tariffs will be implemented in the coming weeks, which is much faster than the market anticipated.
On the geopolitical side, there is also a major risk in Ukraine, where a Black Sea ceasefire agreement is being discussed. Ukrainian President Volodymyr Zelenskiy quickly supported the breakthrough and said his country was ready to comply with it immediately.
RECOMMENDATION
- Buy if price moves to $3,023
- Sell if price moves to $3,013
Resistance Level 2: $3,028
Resistance Level 1: $3,023
Support Level 1: $3,013
Support Level 2: $.3,008
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