Gold Holds Bearish Bias Below 3,894.7 Pivot
MON 2 NOV · 19:49 ICT · XAUUSD 3,901.5
IN 20 SECONDS
The intraday bias remains down while gold stays below the 3,894.7 pivot.
Traders are monitoring key levels between yesterday's high of 3,902.4 and yesterday's low of 3,883.1.
There are no major scheduled economic news events on today's calendar.
What gold did yesterday
Gold moved higher yesterday after opening at 3,885.2, reaching a high of 3,902.4 and a low of 3,883.1. It settled at 3,898.5, posting a gain of +$22.7.
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 the 3,894.7 pivot, sellers may target yesterday's low at 3,883.1 and the 10-day low at 3,870.
IF IT BREAKS
A sustained push above 3,894.7 could shift attention toward yesterday's high at 3,902.4 and higher resistance at 4,142.4.
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