Gold Analysis: Will Gold Prices Continue to Rise? – 26 November 2025
Gold prices remain bullish above $4160 as expectations of a Fed rate cut lift sentiment, but further gains depend on breaking the critical $4220 resistance level.

Gold prices remain bullish above $4160 as expectations of a Fed rate cut lift sentiment, but further gains depend on breaking the critical $4220 resistance level.
The AUD/USD pair attracts some sellers following an intraday uptick to mid-0.6500s on Friday, though it lacks follow-through and remains close to a two-week high, touched the previous day.
The USD/ZAR pair is testing support near the 17.00 level as traders await the Fed’s rate decision. A break below 16.90 could signal a deeper move lower, driven by commodity strength, carry flows, and shifting Fed expectations.