XAUUSD Asia briefing — 2026-11-02

BIAS BEARISH. Aligned EMA triple (D1+H4+H1), dual bearish FVG structure (H4/H1), and oversold RSI(14)=18.68 confirm downside pressure. KEY LEVELS R: 3900 | 3950 | 4217.47 | S: 3871.19 | 3850 | 3800 NEWS 🟡 ISM Manufacturing Employment (Mon 15:00 UTC) 🔴 S&P PMI Manufacturing (Mon 14:45 UTC) 🔴 Construction Spending MoM (Mon 15:00 UTC) SESSION OUTLOOK Asia opens into bearish alignment; watch for retest of 3871 support. USD data releases mid-session may accelerate downside bias.

Key Levels

R: 3900.00 · 3950.00 · 4217.47

S: 3871.19 · 3850.00 · 3800.00