Gold Plunges as Bearish Pressure Dominates Across Timeframes
FRI 13 NOV · 19:49 ICT · XAUUSD 3,893.1
IN 20 SECONDS
The overall bias is down, with the pivot level at 3,911.3 deciding the direction.
The key zone to watch today spans between the pivot at 3,911.3 and support at 3,852.5.
There is no scheduled news today.
What gold did yesterday
Gold plunged yesterday with a very large change of -$97.9, opening at 3,979.1 and reaching a high of 4,000.7 before dropping to a low of 3,852.5 and closing at 3,880.8.
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 price holds the pivot area, sellers may continue to pressure the market toward support.
IF IT BREAKS
If price breaks above the pivot area, the downward momentum could pause and shift focus higher.
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