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

22 July 2025 15:58  |

Gold Prices Weaken Again Despite Increased Risk Aversion

Gold prices (XAU/USD) weakened slightly on Tuesday after two days of gains. However, the safe-haven metal is likely to strengthen due to uncertainty ahead of US President Donald Trump's tariff deadline on August 1st. Market sentiment has also deepened due to growing concerns about the independence of the Federal Reserve (The Fed).

As of this writing, gold prices are at $3,388.

Recommendation:

Buy if the price breaks above $3,380

Sell if the price breaks below $3,395

 

Resistance 2: $3,405

Resistance 1: $3,395

 

Support 1: $3,380

Support 2: $3,375

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

Source: Newsmaker.id

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