Gold Analysis: Is Profit-Taking Signaling a Trend Reversal? – 23 October 2025
Gold (XAU/USD) remains in a bullish trend despite sharp profit-taking, with prices stabilizing near key psychological support at $4,000.

Gold (XAU/USD) remains in a bullish trend despite sharp profit-taking, with prices stabilizing near key psychological support at $4,000.
The USD/MYR remains tightly range-bound near 4.2285 as traders await the upcoming Fed decision, with support at 4.2175 and resistance at 4.2315.
The USD/RUB pair is consolidating near 81.19 with reduced volatility, as traders watch for resistance at 82.40 and support at 80.00 in a quiet market environment.
Nvidia stock dropped to its 50-day EMA on Wednesday, with traders watching for a bullish breakout above $185 that could trigger a move toward $198.
The US dollar dipped against the Swiss franc on Wednesday but held firm at the 0.79 level, suggesting a possible short-term bottom as consolidation continues.
The euro rebounded against the yen on Wednesday, reinforcing a bullish outlook as the pair eyes the ¥178 resistance amid continued Japanese yen weakness.