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Indonesia News Portal for Traders | Financial & Business Updates

4 June 2025 08:25  |

Gold Stable in Positive Area

Gold prices moved in the $3361 area at the start of the Asian trading session on (04/06) after falling more than 1% on Tuesday after jobs data from the United States (US), which revealed that the labor market remains tight.

Trump signed a directive that raised steel and aluminum tariffs to 50% from 25%. Meanwhile, China this week claimed the US had "seriously undermined" the recent ceasefire, and the European Union warned of new countermeasures if the US followed through on its tariff threats.

RECOMMENDATION

- Buy if the price breaks above $3,371

- Sell if the price breaks above $3,351

 

Resistance 2: $3,381

Resistance 1: $3,371

 

Support 1: $3,351

Support 2: $3,341

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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