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Indonesia News Portal for Traders | Financial & Business Updates

1 May 2025 07:48  |

Gold Is in Neutral Area

Gold prices were trading at $3,247 early in the Asian session on Thursday (1/5) as news that the Trump administration was close to announcing the first phase of a deal that would reduce planned tariffs on several countries also eased some concerns about the outlook for global trade. The easing of the US-China tariff war has caused Gold prices to be at normal levels.

RECOMMENDATION

- Buy if the price moves to $3,352

- Sell if the price moves to $3,342

Resistance Level 2: $3,357

Resistance Level 1: $3,352

 

Support Level 1: $3,342

Support Level 2: $3,237

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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