Gold Keeps Bearish Bias Below 3,894.7
MON 2 NOV · 13:33 ICT · XAUUSD 3,913.4
IN 20 SECONDS
The intraday bias remains down while gold stays under 3,894.7.
Traders are watching resistance at 3,902.4 and support at 3,883.1.
No high-impact economic news is scheduled for today.
What gold did yesterday
Gold moved higher yesterday, opening at 3,885.2 and reaching a high of 3,902.4. It found a low at 3,883.1 before settling at 3,898.5 with a +$22.7 gain.
Levels that matter today
| Level | Price | Why it matters |
|---|---|---|
| R2 | 4,142.4 | 10-day high |
| R1 | 3,902.4 | Yesterday’s high |
| Pivot | 3,894.7 | Yesterday’s pivot (H + L + C) / 3 |
| S1 | 3,883.1 | Yesterday’s low |
| S2 | 3,870.0 | 10-day low |
Trend (close vs a rising or falling EMA50): D1 down · H4 down · H1 down.
News to watch (Bangkok time)
No high-impact releases are scheduled for the rest of today.
Two scenarios
IF THE PIVOT HOLDS
If price holds below 3,894.7, sellers may push toward the first support level at 3,883.1.
IF IT BREAKS
A sustained move above 3,894.7 shifts attention toward resistance at 3,902.4.
Gold Brief is written with AI from official calendars and XAUUSD price data, with every price computed by code and checked against fixed rules. It is market commentary for education, not financial advice or a trade signal. Market data by biquote. Risk Disclosure