Technical analysis by Henrybillion about Symbol PAXG on 11/3/2025

Gold (XAU/USD) Analysis – November 3, 2025 | Key Rejection Zone Ahead Gold remains under short-term pressure as price struggles to sustain above the $4,010–4,020 zone. After a minor rebound from the $4,000 psychological level, buyers failed to create a new higher high, suggesting that the current structure may evolve into a lower-high formation before a possible continuation to the downside. Technical Outlook: Trend: Bearish bias on H1 and H4 Resistance levels: 4,060 – 4,110 – 4,160 Support levels: 3,950 – 3,900 EMA cluster: 20/50 EMA still pointing downward, showing weak bullish recovery RSI: Below 50, confirming momentum loss in buyers Trading Strategy: Watch for price action rejection around the 4,050–4,060 resistance area. If the market forms a double-top or bearish engulfing pattern in this zone, sell continuation setups could target 3,950 and 3,900. Invalidation occurs if gold closes above 4,110 on the H1 timeframe. Summary: Gold is consolidating within a corrective structure, and the current setup favors sellers if resistance holds. A clean break below $4,000 could trigger another bearish leg in the short term. If you find this setup useful, save it and follow for daily technical updates and trading insights.