Gold Faces Downward Pressure Near Pivot
FRI 13 NOV · 13:34 ICT · XAUUSD 3,904.3
IN 20 SECONDS
The bias is down, with the pivot level at 3,911.3 deciding the direction.
The key zone today centers around the 3,911.3 pivot and the 3,852.5 support.
There is no scheduled news today.
What gold did yesterday
Gold plunges yesterday, opening at 3,979.1 and reaching a high of 4,000.7 before dropping to a low of 3,852.5. The market closed at 3,880.8, marking a significant change of -$97.9.
Levels that matter today
| Level | Price | Why it matters |
|---|---|---|
| R2 | 4,148.7 | 10-day high |
| R1 | 4,000.7 | Yesterday’s high |
| Pivot | 3,911.3 | Yesterday’s pivot (H + L + C) / 3 |
| S1 | 3,852.5 | Yesterday’s low, also the 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 the price holds near the pivot area, traders should watch for continued downside pressure aligned with the current trend.
IF IT BREAKS
A break away from this area could test the resistance at 4,000.7 or support at 3,852.5.
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