Gold Shines Amid Israel-Iran Tensions
Gold prices rose to a near two-month high on Friday (6/13), boosted by safe-haven demand as geopolitical tensions escalated in the Middle East following Israel’s massive attack on Iran.
Iran launched about 100 drones into Israeli territory in retaliation. The escalating tensions added another layer of uncertainty to the market, following US President Donald Trump’s trade policy.
RECOMMENDATION
- Buy if price breaks above $3,430
- Sell if price breaks above $3,416
Resistance 2: $3,460
Resistance 1: $3,445
Support 1: $3,401
Support 2: $3,386
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