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Gold (XAU/USD) Price Slips 1.5% as $4000/oz Handle Remains Elusive. What Comes Next?

Gold prices saw a sharp decline in the US session today with the precious metal down around 1.5%. Gold tested the $4000/oz in the European session but failed to break higher as the rally ran out of steam.
Date: 05.11.2025  |  Source: actionforex.com
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Instrument Price Change (%)
EURUSD 1.136370 +0.0449%
GBPUSD 1.317720 +0.086588%
USDJPY 161.676000 -0.045753%
XAUUSD 3984.925000 -0.36442%
USDCAD 1.423140 -0.002802%
NZDUSD 0.563990 -0.14165%
USDCHF 0.811140 -0.073911%
AUDUSD 0.689510 -0.060876%
EURGBP 0.862310 +0.004639%
EURJPY 183.716000 +0.022867%
GBPJPY 213.041000 +0.069518%
AUDJPY 111.475000 -0.10753%
CADJPY 113.606000 -0.065095%
CHFJPY 199.296000 +0.026668%
NZDJPY 91.182000 -0.2003%
GBPCHF 1.068900 +0.032755%
EURCHF 0.921750 -0.081301%
USDMXN 17.614000 +0.034075%
USDZAR 16.576180 +0.19027%
USDTRY 46.495200 -0.007527%
USDRUB 74.891900 +0.019365%
USDSEK 9.746140 +0.02022%
USDCNY 6.807100 -0.044052%

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