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Indonesia News Portal for Traders | Financial & Business Updates

29 April 2025 18:43  |

Gold Down as Trade War Eases

Gold fell on Tuesday (4/29) amid expectations that President Donald Trump will ease the impact of his auto tariffs, weighing on demand for safe-haven assets amid hopes of a further de-escalation in trade tensions.

RECOMMENDATIONS

- Buy if price moves to $ 3,332

- Sell if price moves to $ 3,322

 

Resistance Level 2: $ 3,343

Resistance Level 1: $ 3,337

 

Support Level 1: $ 3,317

Support Level 2: $ 3,311

 

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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