Gold Still Calm, But Will US Data Change Direction?
Gold prices held steady at around $3,298 per ounce in trading, after strengthening slightly driven by the weakening US dollar. Market players are currently cautiously awaiting the release of US employment data, including the ADP and Nonfarm Payrolls reports, which are scheduled to be released in the middle of this week.
Recommendations:
Buy if the price breaks above $3,305
Sell if the price breaks below $3,291
Resistance 2: $3,325
Resistance 1: $3,315
Support 1: $3,281
Support 2: $3,271
Note: This article is intended for analysis and not as a definitive reference. Always pay attention to fundamental and technical developments before making investment decisions.
Source: Newsmaker.id