Gold Retreats to 1979 Support with Dollar Strength, Eyes Market Dynamics This Week

Following Friday's data and a shift in market sentiment, the price of gold is weakening and moving towards its next support level at 1979. The dollar and Treasury yields are exerting negative pressure on gold as they have benefited from the recent economic outlook. However, this week's upcoming economic data and events are likely to redefine market dynamics.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
2052	2036	2006	1979	1960	1940