Gold Edges Lower as Neutral Bias Takes Hold Near 4,061.1 Pivot
MON 9 NOV · 13:33 ICT · XAUUSD 4,122.7
IN 20 SECONDS
The bias is neutral, with 4,061.1 acting as the pivot level that decides the directional tone.
The key area to monitor today lies between S1 at 4,054.2 and R1 at 4,073.6.
No high-impact economic news is scheduled for today.
What gold did yesterday
Gold opened at 4,061.6 and recorded a high of 4,073.6 before drifting to a low of 4,054.2. It closed at 4,055.5, reflecting a small decline of -$15.6 on the day.
Levels that matter today
| Level | Price | Why it matters |
|---|---|---|
| R2 | 4,147.0 | 10-day high |
| R1 | 4,073.6 | Yesterday’s high |
| Pivot | 4,061.1 | Yesterday’s pivot (H + L + C) / 3 |
| S1 | 4,054.2 | Yesterday’s low |
| S2 | 3,870.0 | 10-day low |
Trend (close vs a rising or falling EMA50): D1 down · H4 up · H1 up.
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 near the pivot area around 4,061.1, traders can watch for potential continuation toward resistance at R1 of 4,073.6.
IF IT BREAKS
A sustained break below the pivot area shifts focus toward S1 at 4,054.2 and potentially deeper support down to S2 at 3,870.
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