Gold Falls on Market Optimism.
Gold prices weakened on Wednesday (July 23) due to improved risk appetite after US President Donald Trump announced a trade deal with Japan ahead of the upcoming tariff deadline. However, a weaker dollar and lower Treasury yields limited losses for US dollar-priced bullion.
As of this writing, gold prices were at $3,421.
Recommendation:
Buy if the price breaks above $3,415
Sell if the price breaks below $3,430
Resistance 2: $3,445
Resistance 1: $3,430
Support 1: $3,415
Support 2: $3,410
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