XAUUSD analysis, 4 November 2026: Gold trades below the 20-day average after a $46 range
Daily levels for Wednesday 4 November 2026: pivots from the previous session, moving averages, average daily range and what the session did with them. Education, not signals.
Where gold is now
Spot gold is trading at $3,949.0, below the 20, 50 and 200-day averages, and above the daily pivot at $3,919.8. The nearest pivot levels are R1 at $3,977.2 above and P at $3,919.8 below. If price holds above P, the R1 level is the next one traders watch; if it loses P, attention moves to the level under it. The market came into the session after one up day. So far today the range is $46.2, about 61% of the 14-day average ($75.9): narrow range, and an inside day against 2 Nov 2026. The nearest round numbers are $3,950 above and $3,900 below.
ADR(14) $75.9 · ADR(20) $74.5 · 10-day realised volatility 24.3% annualised
Daily pivots from 2 Nov 2026 H $3,954.1 · L $3,862.3 · C $3,942.9
| Pivot | Classic | Fibonacci | Price vs classic | % |
|---|---|---|---|---|
| R3 | $4,069.0 | $4,011.6 | -120.0 | -2.95% |
| R2 | $4,011.6 | $3,976.5 | -62.6 | -1.56% |
| R1 | $3,977.2 | $3,954.8 | -28.2 | -0.71% |
| P | $3,919.8 | $3,919.8 | +29.2 | +0.75% |
| S1 | $3,885.4 | $3,884.7 | +63.6 | +1.64% |
| S2 | $3,828.0 | $3,863.0 | +121.0 | +3.16% |
| S3 | $3,793.6 | $3,828.0 | +155.4 | +4.10% |
Moving averages, swing levels and round numbers
| Level | Price | Spot price vs level | % |
|---|---|---|---|
| 20-day SMA | $4,079.0 | -130.0 | -3.19% |
| 50-day SMA | $4,253.9 | -304.9 | -7.17% |
| 200-day SMA | $4,489.3 | -540.3 | -12.04% |
| 52-week high 29 Jan 2026 | $5,559.5 | -1,610.5 | -28.97% |
| 52-week low 30 Oct 2026 | $3,852.6 | +96.4 | +2.50% |
| Prior week high | $4,070.5 | -121.5 | -2.98% |
| Prior week low | $3,852.6 | +96.4 | +2.50% |
| Prior week close | $3,872.2 | +76.8 | +1.98% |
| Prior month high Oct 2026 | $4,232.3 | -283.3 | -6.69% |
| Prior month low Oct 2026 | $3,852.6 | +96.4 | +2.50% |
| Round number above | $3,950.0 | -1.0 | -0.03% |
| Round number below | $3,900.0 | +49.0 | +1.26% |
Education, not signals. Levels for spot XAUUSD: calculated from COMEX gold futures daily data minus the futures-spot basis of $26.70 (COMEX close minus spot close on 2 Nov 2026 (pre-close spot reading)). All prices, levels and ranges on this page are in those spot terms; your broker's XAUUSD quote can still differ slightly. Nothing here is a buy or sell recommendation, a target or a forecast. Risk disclaimer.
So far this session
Gold opened at $3,914.1, traded between $3,901.5 and $3,947.7 (a $46.2 range, 61% of ADR(14)) and closed at $3,932.9, -10.0 (-0.25%) on the day. The session touched P, and the close was above the daily pivot ($3,919.8) and below the 20, 50 and 200-day averages that were on the chart at the open. It was an inside day with narrow range versus the 14-day average.
Frequently asked questions
What was the daily pivot for gold on 4 November 2026?
The classic pivot was $3,919.8, with R1 at $3,977.2, R2 at $4,011.6, S1 at $3,885.4 and S2 at $3,828.0, all calculated from the 2 Nov 2026 high ($3,954.1), low ($3,862.3) and close ($3,942.9). During the session price touched P.
How big was gold's range on 4 November 2026 compared with its average?
Gold traded between $3,901.5 and $3,947.7, a $46.2 range, which was 61% of the 14-day average daily range of $75.9 (narrow range). The 20-day ADR was $74.5 and 10-day realised volatility was 24.3% annualised.
Where did gold close relative to its moving averages on 4 November 2026?
Gold closed at $3,932.9, below the 20, 50 and 200-day averages. The 20-day SMA was $4,079.0, the 50-day $4,253.9 and the 200-day $4,489.3, measured from the closes before that session. This is a description of where price sat, not a signal.
Generated automatically from COMEX gold futures daily data, converted to spot XAUUSD terms with the futures-spot basis. Education, not signals. Not financial advice. Levels differ slightly between brokers and data feeds. See our risk disclaimer.