Gold Analysis: Trading Awaits Factors of Strength – 04 November 2025
Gold prices remain range-bound near $4000, with key support at $3880 and resistance at $4110 as traders await clarity from US data and China’s tax changes.

Gold prices remain range-bound near $4000, with key support at $3880 and resistance at $4110 as traders await clarity from US data and China’s tax changes.
The EUR/USD pair remains under pressure, with the 1.14 level in focus as RSI and EMA indicators signal bearish momentum and limited upside.
The US dollar climbed to test key resistance at 0.81 against the Swiss franc on Monday, as SNB intervention signals and interest rate differentials drive upside bias.
The US dollar rallied sharply against the Canadian dollar on Monday, with interest rate differentials and central bank outlooks fueling continued upside.
Tesla gained 3% on Monday, nearing key resistance at $480 with bullish momentum pointing toward a potential breakout above $500.
Gold prices hovered near $4,000 on Monday, with fading momentum and rising uncertainty pointing to a possible distribution phase below key support.