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Indonesia News Portal for Traders | Financial & Business Updates

5 June 2025 02:05  |

Gold Rises on Weak US Data

Gold rose on Wednesday, supported by a weaker dollar and weak US data, as investors grappled with rising economic and political uncertainty.

US President Donald Trump said his Chinese counterpart Xi Jinping was tough and “very difficult to deal with”, just days after accusing Beijing of breaking a deal to lift tariffs.

RECOMMENDATIONS

- Buy if price breaks above $3,380

- Sell if price breaks above $3,370

 

Resistance 2: $3,394

 

Resistance 1: $3,387

 

Support 1: $3,363

 

Support 2: $3,356

Note: This article is for analytical purposes 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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