Gold Corrects, Investors Await Signals from FOMC and Trump
Gold prices are currently hovering around $3,296. This decline was driven by global economic supply, a strengthening USD, and the lead-up to tonight's FOMC minutes. The nearest resistance level is at $3,310, while strong support is at $3,265.
The market's current focus is on Trump's tariff decision and the FOMC minutes, which could be the catalyst for the next move.
Recommendation:
Buy if the price breaks above $3,302
Sell if the price breaks below $3,290
Resistance 2: $3,309
Resistance 1: $3,302
Support 1: $3,290
Support 2: $3,283
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: ads-Newsmaker.id