• Tue, Mar 3, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

20 June 2025 07:57  |

Gold Steady in Early Asian Session

Gold prices are steady in holiday-thinned trade as markets digest the Federal Reserve meeting results and the Middle East conflict. Israel and Iran continue to trade barbs, with Trump saying he will decide on a US strike on Iran “within two weeks.”

The safe-haven metal is trading in a tight range amid lower volumes, but the underlying risks remain real, says Tammy Da Costa at FXStreet.

Fundamentally, gold prices are still supported by several factors, the escalating geopolitical tensions between Iran and Israel, and Trump’s Tariff Uncertainty

RECOMMENDATION

 

- Buy if price breaks above $3,371

- Sell if price breaks above $3,361

 

Resistance 2: $3,381

Resistance 1: $3,371

 

Support 1: $3,361

Support 2: $3.51

 

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

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
BIAS23.com NM23 Ai