XAUUSDMonthlyNeutral

Gold monthly analysis — 6 November 2026

FXFibo editorial · Nov 6, 2026, 04:19 PM · 1 min read

Summary

Gold is correcting within its long-term uptrend and is now at 4,150 (0.382 retracement).

BiasNeutralEntry zone—Stop loss—Target 1—Target 2—StatusActive

Main scenario

Scenario: a bounce to 4,936–5,090 (0.618–0.707), followed by a deeper correction to 3,703 (0.5), 3,256 (0.618) and possibly 2,620 (0.786).

Long term: after the correction, bullish targets at 6,066 (1.272), 6,664 (1.618) and 7,430.

Resistance: 4,529, 4,733, 4,936, 5,090, 5,227 · Support: 4,150, 3,703, 3,500, 3,256, 2,620

⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.