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Indonesia News Portal for Traders | Financial & Business Updates

29 April 2025 00:35  |

Gold Rises Amid Easing US-China Trade Tensions

 Gold prices rose on Monday (4/28) despite easing US-China trade tensions, as the dollar weakened in the US session.

In addition, US President Donald Trump said progress had been made with China, and that he had spoken with President Xi Jinping.

However, Beijing has denied any trade talks and Treasury Secretary Scott Bessent on Sunday failed to support Trump's statement that tariff talks with China were underway.

RECOMMENDATIONS

- Buy if price moves to $ 3,341

- Sell if price moves to $ 3,331

 

Resistance Level 2: $ 3,355

Resistance Level 1: $ 3,348

 

Support Level 1: $ 3,324

Support Level 2: $ 3,317

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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