Gold Edges Higher as Investors Await Clarity on US-China Trade
Gold prices edged higher on Tuesday (6/10) as investors awaited further clarity on US-China trade talks and awaited key US inflation data due later this week that could provide insight into the Federal Reserve’s future interest rate decisions.
Top officials from the world’s two largest economies sought to defuse a bitter dispute that has spilled over from tariffs to restrictions on rare earths, with trade talks stretching into a second day in London.
RECOMMENDATION
- Buy if price breaks above $3,335
- Sell if price breaks above $3,321
Resistance 2: $3,356
Resistance 1: $3,349
Support 1: $3,314
Support 2: $3,307
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 -alg