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

7 July 2025 16:40  |

Gold Drops Again, What's the News and How is the Technical

Gold (XAU/USD) prices hit a new daily low during the early European session on Monday, with market players now waiting for a sustained decline below before preparing for deeper losses.

Until this News Release, Gold Prices Are at $3,306

Recommendation:

Buy if the price breaks above $3,300

Sell if the price breaks below $3,310

 

Resistance 2: $3,320

Resistance 1: $3,313

 

Support 1: $3,299

Support 2: $3,292

Note: This article is intended for analysis and not as a definitive reference. Always pay attention to fundamental and technical developments before making investment decisions.

Source: Newsmaker.id

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