Gold Rises Amid US-China Talks
Gold rose as markets digested comments on tariffs from US President Donald Trump ahead of a weekend meeting between the US and China.
President Trump, meanwhile, said that an 80% tariff on Chinese goods “seems appropriate” as representatives prepared for weekend talks to contain a trade war between the world’s two largest economies.
As of this writing, Gold is at $3,339
RECOMMENDATION
- Buy if price moves to $3,330
- Sell if price moves to $3,345
Resistance Level 2: $3,355
Resistance Level 1: $3,350
Support Level 1: $3,325
Support Level 2: $3,320
Note: This article is only an analysis and not a definitive reference. Pay attention to fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id