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Indonesia News Portal for Traders | Financial & Business Updates

27 May 2025 17:10  |

Gold Down Nearly 2%

Gold extended its decline for the second day this week as the US dollar clawed back some gains and demand for safe-haven assets eased, with investors also weighing the prospects for improved trade relations between the US and EU after US President Donald Trump said on Sunday that he agreed to extend the deadline for 50% tariffs on the European Union (EU) until July 9.

RECOMMENDATION

- Buy if price moves to $3,303

- Sell if price moves to $3,289

 

Resistance 2: $3,317

Resistance 1: $3,310

 

Support 1: $3,282

Support 2: $3,275

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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