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Gold dips under $4400 amid weekly chart analysis

Gold dips under $4400 amid weekly chart analysis

Gold market analyst Ahmad Fahim expects the price of gold to decline below the $4,400 per ounce level during this week's trading. He notes nearby support levels at $4,380 and between $4,320 and $4,280, while targeting selling zones around $4,550 and $4,650 if the upward trend continues. Traders are advised to monitor price movements and U.S. interest rate forecasts, as these factors influence gold's fluctuations.

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