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Gold Weekly Chart Momentum Holds Over 25% YTD, Eyeing $3,200 Support Amid $200 Dip from Record High

GOLD was closed on Friday at weekly lower levels after testing the high level of $ 3393 in the same weekly trading session as Gold fell over 1.5% tested $3,255 per ounce ( $138 Fall in a week ) on Friday, heading for a 3% weekly decline, its second straight weekly loss, as easing geopolitical tensions and improving global trade prospects reduced demand for safe-haven assets.