Gold: failed-bounce short watch at 3910–3918 | 6/102 November 2026, approximately 10:02 GMT | OANDA:XAUUSD | 15-minute chart.
Conditional bearish outlook — subjective setup score 6/10, not a win probability. Gold is near 3897, below the white resistance box at 3910–3918. No entry is confirmed.
The daily and 4H MACD remain below their signal lines, while hourly MACD is recovering below zero. This favours watching for a failed bounce rather than chasing a short near support. Oversold 4H momentum and support around 3882–3870 mean a recovery can e
Futures market
Silver Tests Its Most Important Support in 45 YearsSilver / USD (1D) FX:XAGUSD
Silver has fallen about 60% from the $121.67 top and is now sitting on the most important support zone on the chart: $48.0 – $48.6.
Why this zone matters:
- Fib 0.618 (golden ratio): measured from the $3.46 low to the $121.67 top on a non-log scale, it sits at exactly **$48.6**.
- Monthly support: the 1980 ATH (~$48) and the 2011 ATH (~$49.8) are both being retested. Old resistance becomes support at these levels.
- Daily channel: price is touching the lower boun
XAUUSD Gold Tests Major Channel Support Reversal or Breakdown?🔹 XAUUSD continues to trade within a broad descending channel, maintaining a bearish market structure with consistent lower highs and lower lows. Recent price action shows renewed selling pressure, pushing Gold toward the lower boundary of the channel and the highlighted support zone around 3,650–3,800. Meanwhile, the upper channel trendline and resistance area near 4,400–4,600 remain important obstacles. The marked liquidity area above current price could become relevant if buyers manage to est
GOLD 3H: Support Reaction Could Drive Recovery Toward Higher TarGOLD 3H: Support Reaction Could Drive Recovery Toward Higher Targets
Gold has reached the 3,860–3,880 support area after an extended bearish move inside the descending channel. The chart shows a potential bullish reaction from this demand zone, with recovery momentum needed to confirm the upside scenario.
📈 Bullish Path
🎯 Objective 1: 3,970.573
🎯 Objective 2: 4,042.155
🛡️ Demand Zone
The 3,860–3,880 area is the key support region. Holding above this zone could provide a foundation for a recov
accumulation - sideways price range around 3900📉 Market Structure
Gold maintains a strong bearish structure on the H1 timeframe, continuing to form lower highs and lower lows. Price remains below the major moving average, confirming persistent selling pressure.
After rebounding toward 3,960–3,970, gold faced strong rejection and resumed its downward movement. The recovery was corrective rather than a confirmed bullish reversal.
🔻 Price Action & Supply Zones
The 3,940–3,945 area acted as short-term supply, where sellers regained contro
Naked POCs Explained: Why Price Keeps Coming Back to ThemWhat is a naked POC, why do traders watch it, and does price really come back to it? This tutorial walks through the idea on gold and checks it on three markets with real exchange volume.
1. The volume profile
A volume profile shows how much volume traded at each price during a period, here one trading day. The blue bars on the chart are daily profiles. Wide bars mean a lot of trading at that price, thin bars mean price moved through quickly.
2. The Point of Control (POC)
The POC is the single
Silver: Testing the Lower Boundary of a Falling Wedge**Silver: Testing the Lower Boundary of a Falling Wedge**
Silver’s daily chart shows a prolonged corrective phase following the sharp advance toward the **$120 region**. Since that peak, price has formed a clear sequence of lower highs and lower lows inside a narrowing descending structure. Because the upper boundary is falling faster than the lower boundary, the formation is more accurately classified as a **falling wedge** rather than a conventional parallel channel.
Price is currently testi
Gold Below $3,900: Is $3,800 the Next Test?Gold has broken below $3,900 after losing its previous demand structure. But following such an aggressive selloff, could the next recovery simply become another opportunity for sellers to defend resistance?
Market Structure — The Downtrend Accelerates
XAUUSD remains within a descending channel, defined by successive lower highs and sustained selling pressure.
The latest decline pushed price beneath the former 3,977–3,997 support zone, accelerating the move toward 3,875.
This breakdown reinforces
XAUUSD: November 3 | Weakening Recovery📰 News and Market Developments
Gold is recovering after a sharp drop to its lowest point in about a year. On November 2nd, gold surged more than 2% thanks to weakening oil prices, a weaker US dollar, and expectations of easing US-Iran tensions. However, pressure from US monetary policy remains unresolved.
Today, the market is focused on the US midterm elections and JOLTS data. This week also includes ISM Services and Nonfarm Payrolls (NFP) on November 6th, which could cause significant volatil
XAUUSD: Bearish Order Block Retest — $3,870 Next?Hook :
FX:XAUUSD remains under a descending trendline , with a potential short setup developing around the $3,945–$3,960 bearish order block. If sellers defend this resistance confluence, another bearish leg toward $3,870 could follow. 🔥
Market Context :
Gold is showing signs of bearish continuation on the 1H chart , with the descending trendline continuing to cap recovery attempts.
The focus is now on a potential retracement into the $3,945–$3,960 resistance zone, where the bearish or
XAUUSD — Bearish Cycle Toward 3,000
From Kelly’s view, gold remains inside a broad bearish structure and continues to respect the long-term descending channel. Price is currently trading around 3,876, directly inside an important liquidity and support area, but the larger sequence still shows lower highs and sustained downside pressure.
The key idea is simple: a short-term rebound may develop from the current liquidity zone, but while gold remains below the 3,950–4,000 resistance area, the larger structure may continue lower tow
SILVER: Rebounding Off Support, Eyeing the 51.00 MarkIntroduction & Overview:
Silver (XAG/USD) is currently navigating a corrective phase on the 30-minute timeframe, trading around 49.589 (-2.09% session move) after experiencing downward pressure from recent local highs above 54.00. The asset is testing a critical structural support region near 48.91, aligning with the 38.2% Fibonacci retracement level of the recent leg. With momentum indicators showing early signs of a bullish crossover, market participants are eyeing a potential reversal and im
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we mentioned the importance of the 4140 level and price needing to break above forcefully to then go higher. We did get a little extension to the move but gold ultimately broke down again as buyers were not strong enough to defend. We then mentioned that 4010 level and said if we break we’re likely to see price complete our move downside and bulls may have a bit of a problem, which as you can see it did. We also shared the weekly chart giving the hot
Oil: The Road to 145$+ But.....Oil could first return to $85 and then climb toward $145. That is the scenario I am watching. Between those two moves, the market could change sentiment several times.
In April, I outlined a consolidation range around $85–120, followed by an eventual breakout higher. The lower boundary did not hold: price fell to roughly $70. Oil has since returned to that range and is now correcting after recovering to $117.6. This is an update to my previous oil analysis, with revised structure and levels.
NASDAQ Stretched enough? Potential bounce ahead.After the Trade-Trigger (TT) line broke, the NASDAQ retreated and traded down toward its natural equilibrium: the Centerline, our 80% target.
The yellow fork measures price momentum using pivots instead of RealSwings. As shown, it converges with the red Centerline and the yellow L-MLH. This is an inflection point where a significant reaction is likely; either a trend reversal or a decisive break of the red Centerline.
The grey fork is what I call the "What-If" fork. It projects potential scena
XAUUSD M15: Waiting for a Pullback to Continue the RecoveryTVC:GOLD Gold has bounced strongly from the 3899 support area, but price is still trading below the descending trendline. The broader short-term structure remains under pressure.
Rather than chasing the recent bullish candle, the better approach is to wait for a pullback into the 3914–3923 support zone and look for bullish rejection on M15.
Key Levels
Pullback zone: 3914–3923
Invalidation: 3899
TP1: Descending trendline – around 3948, depending on its position when price reaches it
[XAUUSD] M30: Can 3,925 Fuel a Run Toward 4,020?Gold has delivered a bullish structural shift. The next test is whether buyers can defend the imbalance left by that advance.
A controlled pullback could strengthen the recovery—but only if support produces confirmation.
⚖️ MACRO BACKDROP
Monday’s oil-led relief helped gold rebound. Today, a steadier dollar, renewed energy uncertainty and US election risk complicate the recovery.
Treasury yields remain an important channel for changes in rate expectations. Central-bank demand and fiscal conc
XAUUSD: Market Analysis and Strategy for November 3During the previous trading session, gold fluctuated upward during the Asian session. Following the opening of the US session, the price surged, reaching a high of $3,970.2 before pulling back to close at $3,946. On the daily chart, the moving averages are trending downward, the KDJ indicator has formed a "death cross" (bearish crossover) within the oversold zone, and the MACD indicator shows no increase in bearish momentum—indicating that the trend has not yet clearly shifted to a bullish outlo
WTI Crude Oil: Trend Reversal or Just a Temporary Bounce? Hi!
WTI has broken below its ascending trendline and the previous S&D zone, with strong selling pressure pushing price lower.
The former support area around $100–101 could now act as resistance. I'm watching for a possible pullback into this zone before another move down.
There are two potential paths from here, but both point toward the $91 support area, which is the next key level to watch.
As long as price remains below the broken support and resistance holds, the bearish scenario remains
Gold: Two Possible Wave Structures Under Review*4-Hour Chart | Reading Time: Approximately 3 Minutes*
Gold is currently being monitored through two different Elliott Wave interpretations. Both structures remain under consideration, and the market's next moves will provide the evidence needed to determine which interpretation is developing.
### Bearish Case
In this interpretation, the black Wave B is viewed as a three-wave advance that appears to have completed near the termination area of the Leading Diagonal.
If the market is developing























