Gold dips on higher dollar, still notches third weekly gain

By X-blogger - on March 24, 2025

Gold fell 1% to end last week due to a stronger dollar and profit-taking, although lingering geopolitical and economic uncertainties, and U.S. Federal Reserve rate cut prospects kept bullion on track for a third consecutive weekly rise.

The Gold dropped 0.6% against the Dollar in the last session. According to the Stochastic-RSI, we are in an overbought market.
Support: 2951.2 | Resistance: 3095.7

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