Gold · daily candles Data as of the close on 04/11/2026
Gold trading analysis: daily and weekly
4072.20 +3.34% Last close
- RSI (14)
- 46.8
- vs. 50-day average
- -4.17%
- Projected close in 5 candles
- 4389.3 +7.79%
- Typical daily range
- 2.13%
Gold trading (XAU/USD) follows the price of an ounce of gold in dollars, one of the most watched safe-haven assets. This page does a daily and weekly trading analysis: bullish or bearish trend, support and resistance levels, a weekly forecast for the next 5 sessions produced by an algorithmic model and the US economic data this month that tends to move it.
Educational and informational content: it is not investment advice or a recommendation to buy or sell. Trading involves risk of loss. full disclaimer.
Gold daily candlestick chart
Timeframe: Daily (1D)Each candle is one day (daily timeframe, 1D). Hover any candle to see its data. Drag to move around, change the range with the buttons and switch layers on or off. The colored lines and zones are the detected support and resistance levels; the hollow candles at the end, with their date underneath, are the projection for the next 5 days.
Tip: with “Draw line” or “Draw zone” you can mark your own levels on the chart.
Gold hourly MACD
Timeframe: Hourly (1H)The MACD measures price momentum by comparing two averages (12 and 26 hours). Here each bar is one hour: it shows whether short-term strength is rising or fading during the day.
Last hour: the MACD is below its signal line, meaning momentum is bearish and it is getting weaker. The lines crossed within the last 5 hours.
How to read this chart
- Blue line (MACD) above the orange one (signal): short-term momentum is bullish. Below it: bearish.
- The bars show the distance between the two lines: green above zero and red below zero. Taller bars = stronger momentum; shrinking bars = momentum is fading.
- When the lines cross, momentum switches sides. It is a short-term technical signal, not an order to buy or sell.
Hourly data updates during each market's session and may be delayed.
Gold support and resistance
A support is a price where the market has already bounced several times: buyers tend to show up there. A resistance is the opposite: a ceiling where sellers tend to show up. They are detected over the last three months of daily candles; more touches means a more relevant level.
| Level | Price | Distance | Touches | Strength |
|---|---|---|---|---|
| Resistance | 4558.5 | +11.94% | 1 | Light |
| Resistance | 4439.8 | +9.03% | 1 | Light |
| Resistance | 4247.9 | +4.31% | 3 | Strong |
| Resistance | 4097.2 | +0.61% | 1 | Light |
| Last close | 4072.20 | |||
| Support | 3989.1 | -2.04% | 1 | Light |
| Support | 3879.3 | -4.74% | 1 | Light |
Gold weekly forecast: next 5 daily candles
A machine-learning model (LightGBM) trained on price history, RSI, MACD, ATR, Fibonacci retracements and the economic calendar predicts each close from the previous one. Since each step carries the previous step's error, the likely range widens over the days.
| Date | Projected close | vs. current close | Likely range |
|---|---|---|---|
| 4147.7 | +1.85% | 4061.4 – 4234.0 | |
| 4223.8 | +3.72% | 4101.7 – 4345.9 | |
| 4309.9 | +5.84% | 4160.3 – 4459.4 | |
| 4350.0 | +6.82% | 4177.3 – 4522.7 | |
| 4389.3 | +7.79% | 4196.3 – 4582.4 |
- Direction hit rate on 242 out-of-sample sessions: 49.2%. 50% is a coin flip: the model is a study aid, not a crystal ball.
- Average one-session error: ±69.1
It's a statistical estimate, not a promise: the market can move outside the range. Use it as context for studying, never as a buy or sell signal.
Today's and this week's read: Gold
7 of 8 signals point bearish, so gold reads as bearish (strong conviction). The model projects a close near 4,389.3 in 5 sessions (+7.8%), with a likely range of 4,196.3–4,582.4. Note that the model points against the trend: a reason for caution, not a reversal signal. On weekly candles the read is bearish (5 of 5 signals), matching the daily read. A bounce toward the 4,097.2 resistance (tested 1x) is where sellers have defended before. Watch 3,989.1: a daily close below it would confirm more downside; holding it points to a relief bounce.
The signals behind the verdict
It's not an opinion: it's the tally of eight technical checks. Green counts toward the bullish case, red toward the bearish one.
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Price vs. 50-day average 4,072.2 vs 4,249.5
Price trades below its 50-day average: sellers dominate the medium term.
-
Price vs. 200-day average 4,072.2 vs 4,507.5
Below the 200-day average: the long-term trend is damaged.
-
50-day vs. 200-day average 4,249.5 / 4,507.5
The 50-day is below the 200-day (“death cross”): the underlying regime is bearish.
-
20-day average slope -1.13%
The 20-day average fell over the last week: short-term momentum is negative.
-
14-day RSI 47
RSI below 50: selling strength outweighs buying strength.
-
MACD vs. its signal line -71.44 / -70.51
MACD is below its signal line: momentum is accelerating downward.
-
High/low structure
The structure of the last 10 sessions (highs and lows) favors sellers.
-
Model projection +7.79%
The AI model projects a higher close within 5 sessions.
Economic calendar for November 2026
The month's medium- and high-impact US events, with what each one measures and its usual effect on gold. Releases that surprise versus the forecast are the ones that cause the biggest candles.
10 events · 4 high-impact
There are no indicators published for next week yet. The calendar source publishes them closer to the start of the week (usually around the weekend) and they will show up here on their own as soon as they are available. In the meantime, one release that repeats every week: US jobless claims come out every Thursday.
There are no medium- or high-impact indicators registered for this week.
There are no events registered this month yet. The calendar updates every day.
There are no high-impact indicators in this period. Turn the filter off to see the medium-impact ones.
| Date | Time | Event | Impact | Forecast | Previous | Actual |
|---|---|---|---|---|---|---|
| Manufacturing PMIISM Manufacturing PMI | Medium | 54.5 | 54.5 | — | ||
|
What it measures: A survey of factory purchasing managers: above 50 the industry expands, below 50 it contracts. Effect on Gold: Weak economic data boosts safe-haven demand and rate-cut bets (good for gold); very strong data takes away some of its appeal as a refuge. |
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| Job openings (JOLTS)JOLTS Job Openings | Medium | 7.15M | 7.08M | — | ||
|
What it measures: How many open positions there are in the US. It shows whether companies are still hiring or slowing down. Effect on Gold: Strong jobs data tends to strengthen the dollar and push rate cuts away (negative for gold); weak jobs data does the opposite and tends to lift it. |
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| Congressional Elections | High | — | — | — | ||
|
What it measures: A high-impact release for the US economy. Data in this category tends to move prices sharply within minutes. Effect on Gold: Indirect and usually small impact on gold, through the dollar and inflation expectations. |
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| Today | Services PMIISM Services PMI | Medium | 54.8 | 54.9 | — | |
|
What it measures: The same survey for the services sector, which is the largest part of the US economy. Effect on Gold: Weak economic data boosts safe-haven demand and rate-cut bets (good for gold); very strong data takes away some of its appeal as a refuge. |
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| Weekly jobless claimsUnemployment Claims | Medium | 197K | 194K | — | ||
|
What it measures: How many people filed for unemployment benefits for the first time this week. A quick thermometer of the labor market. Effect on Gold: Strong jobs data tends to strengthen the dollar and push rate cuts away (negative for gold); weak jobs data does the opposite and tends to lift it. |
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| Average Hourly Earnings m/m | High | 0.3% | 0.1% | — | ||
|
What it measures: A high-impact release for the US economy. Data in this category tends to move prices sharply within minutes. Effect on Gold: Indirect and usually small impact on gold, through the dollar and inflation expectations. |
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| Non-Farm Payrolls (US jobs)Non-Farm Employment Change | High | 65K | 29K | — | ||
|
What it measures: How many new jobs the US economy created last month. It is the most-watched employment report in the world. Effect on Gold: Strong jobs data tends to strengthen the dollar and push rate cuts away (negative for gold); weak jobs data does the opposite and tends to lift it. |
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| Unemployment rateUnemployment Rate | High | 4.2% | 4.2% | — | ||
|
What it measures: The share of people looking for work who can't find it. Released together with non-farm payrolls. Effect on Gold: Strong jobs data tends to strengthen the dollar and push rate cuts away (negative for gold); weak jobs data does the opposite and tends to lift it. |
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| Consumer sentimentPrelim UoM Consumer Sentiment | Medium | 48.1 | 46.3 | — | ||
|
What it measures: A survey of how optimistic households feel about their finances and future inflation. Effect on Gold: Weak economic data boosts safe-haven demand and rate-cut bets (good for gold); very strong data takes away some of its appeal as a refuge. |
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| Prelim UoM Inflation Expectations | Medium | — | 4.7% | — | ||
|
What it measures: A medium-impact release: it adds context on the US economy without being decisive by itself. Effect on Gold: Indirect and usually small impact on gold, through the dollar and inflation expectations. |
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Times are shown in your time zone. The calendar updates daily with the current week's events and, once the source has published the next one, with those too: the month fills in as it goes.
Frequently asked questions about Gold analysis
Is Gold bullish or bearish today?
As of the close on November 4, 2026, 7 of 8 technical signals point down, so gold reads as bearish (strong conviction). It is an educational, rule-based reading, not a recommendation to buy or sell.
How is the trend determined as bullish or bearish?
We count eight technical checks: price versus the 50- and 200-day averages, the cross of those averages, the slope of the 20-day average, RSI, MACD, the high/low structure and the model's projection. If most point up, the trend reads bullish; otherwise, bearish. The more agree, the higher the conviction.
What is the weekly trend of gold?
On weekly candles, 5 of 5 signals point down, so the weekly trend of gold reads as bearish. We compare price with the 10- and 40-week averages, the cross of both, and the weekly RSI and MACD. The two timeframes (daily and weekly) can differ: it is worth looking at both.
What are the support and resistance levels of gold today?
The nearest support is at 3,989.1 and the nearest resistance at 4,097.2, detected over the last months of daily candles. The more times price reacted at a level, the more relevant it is.
What is the weekly investment forecast for gold?
It is an educational estimate, not a recommendation: a statistical model projects a close near 4,389.3 on November 11, 2026 (+7.8% versus the current close), with a likely range of 4,196.3 to 4,582.4. It covers the next trading week (5 daily candles) and the market can move outside that range.
What moves the price of gold?
It tends to react to the dollar, US Treasury yields, Federal Reserve rate expectations, inflation and safe-haven demand in times of uncertainty.
What is algorithmic trading and how is it used in this analysis?
Algorithmic trading uses rules and mathematical models, instead of gut feeling, to analyze the market. Here we apply that approach to analysis: technical rules (moving averages, RSI, MACD, support levels) and a machine-learning model produce the trend read and the forecast. We only analyze: we do not execute trades or manage money.
How often is this analysis updated?
It is recalculated on each visit using the latest daily candles available. The economic calendar adds the medium- and high-impact US events every day.
Keep learning
Informational and educational content. It is not financial advice or a recommendation to buy or sell; trading in the markets carries a risk of loss.