XAUUSD analysis, 11 November 2026: Gold trades below the 20-day average after a $80 range
Daily levels for Wednesday 11 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 $3,992.5, below the 20, 50 and 200-day averages, and below the daily pivot at $4,075.1. The nearest pivot levels are P at $4,075.1 above and S1 at $3,987.9 below. If price holds above S1, the P level is the next one traders watch; if it loses S1, attention moves to the level under it. The market came into the session after one down day. So far today the range is $80.2, about 85% of the 14-day average ($94.8): normal range, and a lower low against 10 Nov 2026. The nearest round numbers are $4,000 above and $3,950 below.
ADR(14) $94.8 · ADR(20) $84.7 · 10-day realised volatility 30.6% annualised
Daily pivots from 10 Nov 2026 H $4,162.2 · L $4,026.8 · C $4,036.2
| Pivot | Classic | Fibonacci | Price vs classic | % |
|---|---|---|---|---|
| R3 | $4,258.7 | $4,210.5 | -266.2 | -6.25% |
| R2 | $4,210.5 | $4,158.7 | -218.0 | -5.18% |
| R1 | $4,123.3 | $4,126.8 | -130.8 | -3.17% |
| P | $4,075.1 | $4,075.1 | -82.6 | -2.03% |
| S1 | $3,987.9 | $4,023.3 | +4.6 | +0.11% |
| S2 | $3,939.7 | $3,991.4 | +52.8 | +1.34% |
| S3 | $3,852.5 | $3,939.7 | +140.0 | +3.63% |
Moving averages, swing levels and round numbers
| Level | Price | Spot price vs level | % |
|---|---|---|---|
| 20-day SMA | $4,075.6 | -83.1 | -2.04% |
| 50-day SMA | $4,219.1 | -226.6 | -5.37% |
| 200-day SMA | $4,497.9 | -505.4 | -11.24% |
| 52-week high 29 Jan 2026 | $5,592.2 | -1,599.7 | -28.61% |
| 52-week low 30 Oct 2026 | $3,885.3 | +107.2 | +2.76% |
| Prior week high | $4,161.8 | -169.3 | -4.07% |
| Prior week low | $3,895.0 | +97.5 | +2.50% |
| Prior week close | $4,080.9 | -88.4 | -2.17% |
| Prior month high Oct 2026 | $4,265.0 | -272.5 | -6.39% |
| Prior month low Oct 2026 | $3,885.3 | +107.2 | +2.76% |
| Round number above | $4,000.0 | -7.5 | -0.19% |
| Round number below | $3,950.0 | +42.5 | +1.08% |
Education, not signals. Levels for spot XAUUSD: calculated from COMEX gold futures daily data minus the futures-spot basis of $-6.00 (COMEX close minus spot close on 10 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 $4,049.7, traded between $4,000.5 and $4,080.7 (a $80.2 range, 85% of ADR(14)) and closed at $4,004.8, -31.4 (-0.78%) on the day. The session touched P, and the close was below the daily pivot ($4,075.1) and below the 20, 50 and 200-day averages that were on the chart at the open. It was a lower low with normal range versus the 14-day average. That made 2 down closes in a row.
Chart of the 11 Nov 2026 session with its levels
Pivot P R1/R2, S1/S2 Previous day high/low Previous week high/low 200-day SMA Live spot
Candles: COMEX gold futures (GC=F) 1-hour bars via Yahoo Finance, converted to spot terms (the same futures-spot basis as the levels, $-6.00); H4 candles are four 1-hour bars from 00:00 UTC; D1 from the daily data. Last completed hourly bar ended . Times on the axis are in your time zone.
Session ranges
Asia, London and New York
| Session (your time) | High | Low | Range |
|---|---|---|---|
| Asia (Tokyo) – | $4,080.7 | $4,040.1 | $40.6 complete |
| London – | $4,075.3 | $4,011.7 | $63.6 complete |
| New York – | $4,060.9 | $4,006.2 | $54.7 so far |
Asia = Tokyo 09:00–18:00 (00:00–09:00 UTC); London and New York = 08:00–17:00 local. From hourly bars in spot terms.
Frequently asked questions
What was the daily pivot for gold on 11 November 2026?
The classic pivot was $4,075.1, with R1 at $4,123.3, R2 at $4,210.5, S1 at $3,987.9 and S2 at $3,939.7, all calculated from the 10 Nov 2026 high ($4,162.2), low ($4,026.8) and close ($4,036.2). During the session price touched P.
How big was gold's range on 11 November 2026 compared with its average?
Gold traded between $4,000.5 and $4,080.7, a $80.2 range, which was 85% of the 14-day average daily range of $94.8 (normal range). The 20-day ADR was $84.7 and 10-day realised volatility was 30.6% annualised.
Where did gold close relative to its moving averages on 11 November 2026?
Gold closed at $4,004.8, below the 20, 50 and 200-day averages. The 20-day SMA was $4,075.6, the 50-day $4,219.1 and the 200-day $4,497.9, 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 and hourly 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.