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Indonesia News Portal for Traders | Financial & Business Updates

27 August 2025 09:56  |

Gold Falls, Fed Independence Questioned

 Gold prices (XAU/USD) fell in the Asian session on Wednesday, after touching a two-week high of around $3,395. Pressure came primarily from profit-taking and a moderate strengthening of the US dollar, causing the price to correct from its peak.

Despite the weakening, gold's downside is expected to be limited. Market concerns about the Fed's independence—amid US President Donald Trump's increasingly aggressive efforts to oust one of its governors—tend to maintain interest in safe-haven assets. In such situations, gold typically remains in demand as a hedge.

The gold price at the time of writing was $3,384/Toz.

 

- Buy if the price moves within the $3,391 range

- Sell if the price moves within the $3,377 range

 

Resistance 2: $3,405

Resistance 1: $3,398

 

Support 1: $3,370

Support 2: $3,363

 

DISCLAIMER

Note: This article is for analytical purposes only and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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