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Gold Price Short-term Outlook: XAU/USD From Panic to Pause- Breakout to Decide Direction

Gold is entering a consolidation phase following an extraordinary sequence of price swings, marked by a powerful rally, a record-breaking decline, and a swift recovery from the February lows. Price action has since compressed into a narrow range, suggesting the market may need time to absorb the recent volatility before committing to the next directional move.
Date: 10.02.2026  |  Source: forex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.189320 -0.013451%
GBPUSD 1.363730 -0.030056%
USDJPY 154.361000 -0.94206%
XAUUSD 5025.120000 -0.64564%
USDCAD 1.354500 -0.034681%
NZDUSD 0.604180 -0.008275%
USDCHF 0.767200 +0.09916%
AUDUSD 0.707130 -0.045233%
EURGBP 0.871660 +0.2173%
EURJPY 183.533000 -1.17173%
GBPJPY 210.512000 -1.34269%
AUDJPY 109.166000 -1.16252%
CADJPY 113.893000 -0.88073%
CHFJPY 201.046000 -1.2261%
NZDJPY 93.262000 -1.08606%
GBPCHF 1.046540 -0.29439%
EURCHF 0.911940 -0.10078%
USDMXN 17.170700 -0.082976%
USDZAR 15.921810 +0.21387%
USDTRY 43.618100 +0.035434%
USDRUB 77.240000 +0.33123%
USDSEK 8.876850 +0.069329%
USDCNY 6.910100 -0.1647%

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