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Metals Suffer from Their Upside Fake-Out: Silver (XAG/USD) and Gold (XAU/USD) Outlook

Precious metals surged higher last week, only to quickly reverse and drop due to weak price levels. It looked like metals were gaining control, with strong rallies reaching new two-month highs.
Date: 20.05.2026  |  Source: actionforex.com
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Instrument Price Change (%)
EURUSD 1.160400 -0.022401%
GBPUSD 1.340080 +0.048528%
USDJPY 158.867000 -0.10627%
XAUUSD 4467.000000 -0.33723%
USDCAD 1.375480 +0.079308%
NZDUSD 0.583610 -0.06846%
USDCHF 0.789400 +0.10652%
AUDUSD 0.710670 -0.058482%
EURGBP 0.865850 -0.030019%
EURJPY 184.347000 -0.15598%
GBPJPY 212.907000 -0.097131%
AUDJPY 112.905000 -0.12296%
CADJPY 115.505000 -0.18148%
CHFJPY 201.248000 -0.17955%
NZDJPY 92.717000 -0.11742%
GBPCHF 1.057810 +0.13632%
EURCHF 0.915970 +0.063361%
USDMXN 17.404300 +0.074639%
USDZAR 16.689390 -0.18188%
USDTRY 45.573000 -0.010751%
USDRUB 71.440000 +0.34455%
USDSEK 9.402670 +0.092193%
USDCNY 6.808800 -0.074847%

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