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Indonesia News Portal for Traders | Financial & Business Updates

23 May 2025 07:45  |

Gold steady at $3,303

Gold prices fell in early Asian trading on Friday (5/23). This was supported by lingering concerns over the ballooning US deficit, which usually strengthens the appeal of the precious metal as a safe haven asset. President Trump's "big, beautiful bill" was passed by the House of Representatives on Thursday, paving the way for the bill to be submitted to the Senate.

RECOMMENDATION

- Buy if the price moves to $3,313

- Sell if the price moves to $3,293

Resistance 2: $3,323

Resistance 1: $3,313

 

Support 1: $3,293

Support 2: $3,283

 

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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