Gold logs biggest weekly fall in over five months

By X-blogger - on November 11, 2024

Gold prices dropped to end last week, logging their steepest weekly decline in over five months, pressured by a stronger dollar and as markets absorbed the implications of Donald Trump’s victory and its potential impact on U.S. interest rate expectations.

The last session saw the Gold fall 0.8% against the Dollar. The MACD is giving a negative signal.
The last session saw XAU fall 0.8% against USD.
Support: 2642.3 | Resistance: 2732.8

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