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Indonesia News Portal for Traders | Financial & Business Updates

30 April 2025 07:23  |

Gold Stable in $3321 Area

Gold continued its decline when the market opened, at the beginning of the Asian session the price of gold moved in the range of $3315 - $3322. This was accompanied by signals of easing US-China trade tensions which reduced some of the demand for safe havens, while investors await key economic data this week to gauge the outlook for Federal Reserve policy.

RECOMMENDATION

- Buy if the price moves to $3,327

- Sell if the price moves to $3,312

 

Resistance Level 2: $3,332

Resistance Level 1: $3,327

Support Level 1: $3,312

Support Level 2: $3,307

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

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