Gold (XAU/USD) has experienced a slight retreat from its recent all-time high of $4,526, reached earlier this Wednesday. During the first half of the European trading session, the precious metal is showing a negative bias, with market sentiment suggesting that traders may be taking a pause after the recent bullish momentum.
The pullback in gold prices comes amid fluctuating investor sentiment, influenced by broader market dynamics and shifts in the USD exchange rate. As traders reassess their positions, the focus remains on potential levels of support and resistance, with market participants keenly watching how external factors may impact future trading in the XAU/USD currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-12-24 09:45
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.