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