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Indonesia News Portal for Traders | Financial & Business Updates

4 June 2025 01:53  |

Gold Down as US Jobs Data Improves

Gold prices fell more than 1% on Tuesday (03/6) as jobs data from the United States (US), which revealed that the labor market remains tight.

Investors' mood turned optimistic after the release of the latest US Job Openings & Labor Turnover Survey (JOLTS), which showed that job openings rose sharply in April. The data was positive, ahead of a busy week with the release of much-anticipated jobs data.

RECOMMENDATIONS

- Buy if price breaks above $3,357

- Sell if price breaks above $3,347

 

Resistance 2: $3,371

Resistance 1: $3,364

 

Support 1: $3,340

Support 2: $3,333

Note: This article is for analytical purposes 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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