At the beginning of this week, gold prices attempted to rebound due to political concerns in the U.S. However, its gains did not surpass the resistance level of $2,412 per ounce before retreating to the support level of $2,384 per ounce, the lowest in two weeks.
The initial gains this week were driven by a technical rebound following a nearly 2% drop in the previous session, supported by a weaker Dollar.
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