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Indonesia News Portal for Traders | Financial & Business Updates

21 May 2025 16:18  |

Gold Moves Positive In Europe

Gold prices maintained their positive bias above the $3,300 mark, rising nearly 1% on Wednesday (5/21), hitting their highest level in more than a week, as a weaker dollar and US fiscal uncertainty amid Congressional debate on a broad tax bill boosted demand for safe-haven assets.

RECOMMENDATION

- Buy if price moves to $3,315

- Sell if price moves to $3,301

 

Resistance 2: $3,329

Resistance 1: $3,322

 

Support 1: $3,294

Support 2: $3,287

 

Note: This article analysis is only and is 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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