Gold Stable at the Start of the Asian Session
Gold prices tend to be stable and are still moving in the range of $3212 this morning, during yesterday's US session they tended to be sideways and fairly flat.
This is still supported by the US plan to impose more tariffs triggering investor anxiety. The opportunity for a decline still exists and seems limited when viewed from a technical perspective, while from a fundamental perspective, the gold price still has many opportunities to rise in the future, amid the uncertainty of Donald Trump's policy which still gives 90 days to countries that are given tariffs except China.
RECOMMENDATIONS
- Buy if the price moves to $3,217
- Sell if the price moves to $3,207
Resistance Level 2: $3,223
Resistance Level 1: $3,217
Support Level 1: $3,207
Support Level 2: $3,201
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 -ads