Gold Tries to Recover This Morning
Gold prices rose slightly at the start of the Asian session on Thursday (19/06) following a decline in the previous session triggered by Federal Reserve Chairman Jerome Powell's warning about the risk of inflation to the US economy.
Fundamentally, gold prices are still supported by several factors, the increasingly heated geopolitics between Iran and Israel, and Trump's Tariff Uncertainty
RECOMMENDATION
- Buy if the price breaks above $3,383
- Sell if the price breaks above $3,373
Resistance 2: $3,388
Resistance 1: $3,383
Support 1: $3,373
Support 2: $3,368
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