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Indonesia News Portal for Traders | Financial & Business Updates

10 May 2025 00:54  |

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

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