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11 Nov 2025

🌟 GOLD PRICE UPDATE (XAU/USD) 🌟

Gold climbs to a 2-week high as traders boost bets on a Fed rate cut in December 💰

📈 Current Price: ~$4,141
📊 Trend: Bullish momentum intact

Gold extends gains for the third straight session, supported by Fed rate cut expectations and US economic concerns linked to the prolonged government shutdown. Despite a modest USD uptick, bulls remain in control as safe-haven demand strengthens.

⚙️ Market Drivers:

  • Fed likely to cut rates by 25–50bps in December 🏦

  • Weak consumer sentiment (3-year low) adds pressure on USD

  • Technicals show bullish continuation above $4,140

🎯 Outlook: A break above $4,160 could open the door toward $4,200+.
Support holds at $4,100 – $4,075 zone.

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