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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

4 July 2025 17:15  |

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

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