Gold Rises After Trump’s Stern Warning
Gold rose in early Asian trade on Tuesday (06/17) after U.S. President Donald Trump called for the immediate evacuation of Tehran, boosting demand for the precious metal as investors monitor hostilities between Israel and Iran.
Trump issued the call to evacuate the Iranian capital in a social media post hours after he urged Iranian leaders to sign a deal to curb its nuclear program.
RECOMMENDATION
- Buy if price breaks above $3,404
- Sell if price breaks above $3,390
Resistance 2: $3,418
Resistance 1: $3,411
Support 1: $3,383
Support 2: $3,376
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