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Indonesia News Portal for Traders | Financial & Business Updates

8 September 2025 14:21  |

GOLD 3600 ON FIRE!

Gold hit its all-time high at $3,600, driven by expectations of a Fed cut, a weakening dollar, and safe-haven demand. Momentum remains strong, with institutional and ETF fund flows fueling the rally.

Key levels: support at $3,560–3,580 (retest), then $3,520; resistance at $3,650 and $3,700. Quick strategy: buy on dips above $3,560, be wary of CPI/NFP releases and yield spikes. Keep a clean stop-loss (SL) below $3,520.

The gold price at the time of writing was $3,605/Toz.

- Buy if the price moves within the $3,615 range

- Sell if the price moves within the $3,590 range

Resistance 2: $3,625

Resistance 1: $3,615

 

Support 1: $3,590

Support 2: $3,580

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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