Gold Faces Drop, Support at $4020 Asked

The price of gold declined noticeably after rising from levels of $2,000 to $5,500 over two years. It ended the week at $4,160, reflecting a decrease of 1.18%. Despite the ongoing downtrend, expectations remain that gold will close 2026 above $5,000, supported by a key support level at $4,023.55.

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