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Indonesia News Portal for Traders | Financial & Business Updates

11 April 2025 07:42  |

Gold Rises to New ATH, Welcome $3200!

Gold rose to a new record high on Friday (4/11) as concerns about the impact of tariffs on the global economy continued to drive investors to seek safety in the precious metal even after U.S. inflation data eased.

Bullion edged higher in early Asian trade on Friday (4/11) to above $3,204 an ounce. That surpassed the previous record set in the previous session, when it closed more than 3% higher for a second straight day.

RECOMMENDATIONS

- Buy if price moves to $3,214

- Sell if price moves to $3,194

Resistance Level 2: $3,224

Resistance Level 1: $3,214

Support Level 1: $3,194

Support Level 2: $3,184

Note:

This article is only 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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