GOLD (XAUUSD): Massive Support Breakout
With a crazy selloff that occurred on Friday, Gold managed to break and close below a massive horizontal support cluster.
The next major historical weekly support is 3400-3500 area.
It will likely be the next long-term goal for the sellers.
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Futures market
GOLD: $4,000 Lost — Could $3,400 Be Next?My weekly bias on gold remains bearish following the break below the previous weekly swing low and the $3,950 support zone. I’m now watching whether this area turns into resistance, potentially opening the way toward the demand zone around $3,350–3,450.
Since the early-year peak, gold has developed a sequence of lower highs. The summer recovery failed to reverse that structure, and the subsequent decline pushed through the $4,180–4,360 area before breaking the previous weekly low near $3,950.
P
XAUUSD 2h | ROS (Repetition of Structure) | MSNR / ICT / SMCGold is repeating its last cycle. Cycle 1 was a drop into a ~3,950 base, a range, and then a three-step rally of about +360, +510 and +740. Cycle 2 dropped from ~4,690 with three reactions (4,275, 4,110, 3,872) and closed the week at the day doji wickline, 3,872.
📍 Price is now in the bullish zone: from 3,872 down through the green zones (3,840–3,855) and the premature MSS fib (~3,808), to the Day/Weekly Wick Control OB-FVG (3,790–3,800). This is where cycle 1 based, so a reversal for longs can
XAUUSDSo far so good , its following the analysis but the formation of H&S is a concern , gold has a history of faking it first before the actual Break Down , if It take support here a possible upside first till 50 EMA and next to upper TL of Triangle . A direct BD may not be good trade , expecting it go sideways for some days then a shake out and thereafter if its BD , we may get a good trade .
XAUUSD and DXY Analysis todayHello traders, here is a full breakdown of XAUUSD and DXY currently trrending in both lower and higher timeframe. With current price action evolving to move in the major trend as market is creating series of higher and higher low with double bottom forming a price action pattern for futher trend continuation.
If lowertimeframe is rejcting off the double bottom or inverted head and shoulder, market may contine to rise to new higher high, in the beginning of trading week price may continue rise
Gold: a fast drop leaves a gap. What happens next?Gold dropped fast on Friday 30 Oct, and it left a fair value gap behind. Here is how to read one, and why you should not treat it like a promise.
A fair value gap is just a price range crossed so quickly that only the middle of three candles traded in it. You mark it as a box between the first candle's low and the third candle's high (for a drop). On the 1 hour chart, the drop at 13:00 UTC left a box of roughly 3,921 to 3,954 on spot gold. I drew it by hand, so the edges are only as exact as th
Only God or Nuclear War Can Break This Weekly Gold ResistanceA Resistance That Has Stopped Gold for 20 Years
On the weekly chart, gold has respected the same rising resistance line through every major global crisis:
May 2006 – ~$723
September 2011 – ~$1,900
Now / early 2026 projection – ~$5,000–$5,200
Each time price reached this zone, the world was under extreme stress; wars, financial crises, or systemic instability. Each time, gold stalled.
This level is not random. It’s historical memory.
What Drove Each Major Rally
-2006: Middle East wars
XAU/USD(GOLD), Falling Wedge Pattern In The Downtrend
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
PLZ! LIKE COMMAND AND SUBSCRIBE
Gold Wait For BUY Confirmation....
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
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Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad
XAUUSD XAUUSD Bias: Currently Bearish
Gold extended its downside impulse throughout the past week, with the sell-off originating precisely after a liquidity sweep.
That sequence initially pointed toward a potential bullish reversal, which is why the subsequent break was marked as a fake breakout. Scaling into the lower timeframes, however, revealed no meaningful structure or significant levels to support a high-probability entry in either direction—hence no trade was executed.
The higher-timeframe b
XAGUSD – Weekly Bearish Structure | Key Support ZonesSilver continues to show bearish characteristics on the weekly timeframe, with lower highs, lower lows, and price moving within a descending channel.
The recent break of structure reinforces the current bearish interpretation. Price is now approaching the 47–50 reaction area, which deserves attention as the market develops its next move.
Key Technical Areas
47–50: Current reaction area; demand is not yet confirmed.
55–60: Potential bearish order block and retest resistance.
64–70: Higher-ti
XAUUSD Daily Breakdown: Key Support Breakout & Downside Targets XAUUSD Daily Breakdown:
1. Market Structure & Trend Analysis
Descending Channel: Price has been moving within a well-defined downward-sloping parallel channel (corrective structure) following the peak near the $4,600–$4,700 region.
Breakout: A recent breakout above the upper trendline of the descending channel is marked, indicating a potential shift or exhaustion in the downward momentum.
2. Key Support & Resistance Levels
Support Breakout 1 (Acting as SBR): The previous major support zone
XAUUSD | 4H Technical AnalysisXAUUSD | 4H Technical Analysis
The overall structure remains bearish with a clear sequence of Lower Lows. Price is trading inside a descending channel (orange trendlines), and the blue moving average is acting as dynamic resistance.
Current price is around 3872.
Possible scenarios:
🟢 Bullish Scenario:
If price holds current structure and breaks above nearby resistance, we could see a move toward the
Target Zone: 3975 – 3980.
🔴 Bearish Scenario:
A break below key support levels would open the way
XAUUSDThe Two Bearish Wings Weighing on Gold
Interest rates, rising energy prices, and geopolitical risks (such as ongoing tensions with Iran) have kept oil prices elevated. In market fundamental analysis, when oil becomes the primary driver of inflation, large-scale liquidity is sometimes drawn toward oil commodities first, rather than gold. This dynamic creates two major downward forces—or bearish wings—that are currently restricting gold's upside potentia
NQ1! week of 11-02: sell the retest, not Friday's lowNasdaq futures are down three weeks in a row. On Friday they broke the September demand zone (28,816–29,053). Here is how I'm mapping the week, level by level.
WHAT THE CHART SHOWS
• Last week's high was 30,178 on Wednesday. The low was 28,232.75 on Friday, and the settle was 28,534.00.
• Friday's selloff ran into the June–July demand zone (28,228–28,410) and the daily 200 EMA (about 28,310). Then it closed about 300 points off the low.
• Friday's volume profile: POC 28,776, value area 28,435–2
Gold GC1! week of 11-02: wait for the retest at 3,946–3,975Gold futures are down three weeks in a row. On Friday they broke two support zones in one session. Here's the plan, and the trade I'm not taking.
WHAT THE CHART SHOWS
• Last week: high 4,097.2 (Wednesday), low 3,879.3 (Friday), settle 3,898.9.
• Friday at the New York open, gold fell from about 3,956 to 3,900.9 in one hour, on the heaviest volume of the day.
• That broke last week's demand zone (3,955–3,994) and the October 2025 low (3,901.3).
• The next daily demand is the late-September to ea
Market drops sharply – selling pressure to persist next weekXAU/USD – GOLD TECHNICAL ANALYSIS | NOV 2 - NOV 6, 2026
📉 SMC Structure: Strong bearish market structure with consecutive Lower Highs (LH) and Lower Lows (LL).
🔻 BOS: Price broke below the key support at 3,970, confirming bearish continuation.
🔵 Descending Trendline: Sellers remain in control. The trendline continues to act as dynamic resistance.
🔴 Supply / Resistance Zone: 4,050–4,080
🟣 Major Resistance: 4,200–4,258
🟢 Previous Support (Broken): Around 3,970, now potential resistance.
🎯
Macroeconomic & Technical Analysis: Gold (XAU/USD) The valuation of Gold (XAU/USD) is presently governed by a complex matrix of opposing macroeconomic vectors. While structural demand drivers, specifically sovereign reserve diversification, persistent central bank accumulation, and mounting U.S. fiscal liabilities, provide a resilient long-term price floor, cyclical monetary policy friction and energy-driven cost shocks continue to dictate intermediate price volatility.
Evaluating the precious metals market requires a multi-asset framework that
XAUUSD H4: The Final Wave Down Before a Major Rebound?
Gold Weekly Outlook | November 2–6, 2026
Gold has entered a critical stage after extending its decline toward 3,875. The H4 chart shows a well-defined descending channel, multiple bearish structure breaks, and a potential five-wave Elliott Wave completion.
The interesting part is that Gold is now approaching the lower boundary of the channel, where Wave (V) could be nearing exhaustion.
My primary expectation for next week is a potential ABC corrective recovery toward 4,000, followed by a po
COPPER 1D: 6th Touch of a Flat Support Line Since Aug 2026A flat support line on the daily chart of COPPER, found by an automated trendline scan from the swing highs and lows.
The picture so far
6 confirmed touches on a flat support line between 13 Aug 26 and 30 Oct 26.
No daily close through the line since the first touch; a close within a hair of it is not counted.
Of the 4 earlier touches old enough to count, 4 held for ten daily candles and 0 gave way within ten.
The latest 2 touches are under a month old and are not counted.
Flat ceiling
XAUUSD Week Nov 2-6: SELL 3942-3958, BUY 3819-3838WEEKLY PLAN | XAUUSD
Week Oct 26–30 plan: SELL 4055–4070 hit all targets, TP1 4000, TP2 3962, TP3 3945 .
1. Market structure
Gold closed the week of Oct 26–30 at 3875.64 (O 3998.04 | H 4082.82 | L 3870.32, -3.01%). It was the second losing week in a row, the close sat only 5 points above the weekly low, and it was the lowest weekly close since the week of Sep 22, 2025.
- W1: the lower-high sequence 4891.54 (Apr 13) – 4773.58 (May 11) – 4697.10 (week of Aug 24) is intact. Last week's c
XAUUSD – Bearish Continuation | FVG Retest & Key Downside TargetGold is currently trading around 3875.645 after a strong bearish move that pushed price below several important support levels. The overall market structure remains bearish with sellers maintaining control. However a short-term corrective bounce toward the Fair Value Gap (FVG) could develop before the next potential downside move.
1. Current Market Structure
Price has established a clear bearish sequence with lower highs and lower lows. The recent selling pressure indicates strong downside mom























