Gold Intraday: Throwback or further upside?
Nov 4, 2026 7:04 AM
The upside prevails as long as 3,934 is support, with 4,049 and 4,069 as targets

Our pivot point is at 3,934.
Our preference:
The upside prevails as long as 3,934 is support, with 4,049 and 4,069 as targets
Alternative scenario:
below 3,934, expect 3,901 and 3,881.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
4,089 *
4,069 **
4,049
4,027 last
3,934 **
3,901 *
3,881 **
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