Gold Bears Approach Major Support, USD/CHF Eyes Reversal
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Forexcom
Thursday, October 8, 2026 at 10:25 PM UTC

Gold Bears Approach Major Support, USD/CHF Eyes Reversal

Gold bears are approaching major support around $4,000, where diminishing bearish momentum could attract buyers ahead of the weekend. Meanwhile, USD/CHF has printed a bearish reversal around resistance, raising the prospect of a pullback alongside a potential recovery in gold.

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Gold Bears Approach Major Support, USD/CHF Eyes Reversal