Gold Down as Trump Extends EU Tariffs
Gold (XAU/USD) prices fell on Monday (5/26) while the US market was closed due to the Memorial Day national holiday. A small correction occurred after United States (US) President Donald Trump issued a statement on Truth Social that he would extend the deadline until July 9 for the European Union (EU) to face 50% tariffs.
RECOMMENDATION
- Buy if the price moves to $3,347
- Sell if the price moves to $3,337
Resistance 2: $3,361
Resistance 1: $3,355
Support 1: $3,330
Support 2: $3,323
Note: This article is analysis only and is not a definitive reference. Pay attention to fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id