Gold Steady After US-EU Deal
Gold prices held around $3,330 per ounce on Monday, after three consecutive sessions of declines, as the newly announced US-EU trade deal dampened demand for safe-haven assets.
The US and EU reached a broad agreement on Sunday that includes a 15% tariff on most European goods, along with hundreds of billions of dollars in investment commitments in American industry.
Recommendation:
Buy if the price moves below $3,345
Sell if the price moves below $3,331
Resistance 2: $3,359
Resistance 1: $3,352
Support 1: $3,324
Support 2: $3,317
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