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Indonesia News Portal for Traders | Financial & Business Updates

26 May 2025 16:13  |

Gold Down In Europe

Gold prices maintained modest intraday losses through the early European session, although there was no follow-through selling and remained close to a two-week high hit on Friday.

The renewed optimism fueled by US President Donald Trump’s decision to delay the imposition of tariffs on the European Union (EU) prompted profit-taking around the safe-haven commodity, especially after last week’s strong rally of nearly 5%.

RECOMMENDATIONS

- Buy if price moves to $3,341

- Sell if price moves to $3,327

 

Resistance 2: $3,355

Resistance 1: $3,348

 

Support 1: $3,320

Support 2: $3,313

 

Note: This article is analysis only and is not a definitive reference. Please pay attention to fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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