Gold Starts to Rise Again
The world gold price (XAU/USD) strengthened on Friday (4/7) and is still on a positive track, although it has not been able to return to its weekly high. What caused it? Market concerns about the worsening US fiscal conditions due to President Donald Trump's large spending bill plan are one of the main factors.
Until this news was released, the price of gold was at the level of $ 3,334
Recommendation:
Buy if the price breaks above $ 3,328
Sell if the price breaks below $ 3,343
Resistance 2: $ 3,345
Resistance 1: $ 3,340
Support 1: $ 3,325
Support 2: $ 3,320
Note: This article is intended for analysis and not as a definite reference. Always pay attention to fundamental and technical developments before making investment decisions.
Source: Newsmaker.id