• Tue, Mar 3, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

20 May 2025 17:11  |

Gold Recovers In Europe

Gold prices found some support above the $3,200 level and pared some of its modest intraday losses, although upside potential appears limited.

The US dollar (USD) fell to a near two-week low amid speculation that the Federal Reserve (Fed) will cut interest rates further in 2025, which turned out to be a key factor offering some support to the non-yielding yellow metal.

RECOMMENDATIONS

- Buy if price moves to $3,243

- Sell if price moves to $3,229

 

Resistance 2: $3,257

Resistance 1: $3,250

 

Support 1: $3,222

Support 2: $3,215

Note: This article is analysis only and not a definitive reference. Keep in mind fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
MARKET ANALISYS

Akankah Perak Membuat ATH Terbarunya?

Saat berita ini rilis, perak berada di Area $33.842. Perak cenderung naik pada siang ini, hal ini didukung oleh ketidakpast...

29 October 2024 10:46
BIAS23.com NM23 Ai