Aetram Global Research: Intraday Gold Spot Outlook (Mid-day Report) - 03.11.2026

Aetram Global Research: Intraday Gold Spot Outlook (Mid-day Report)

Gold Remains Bearish Below 3935; Weakness Under 3898 Could Extend Intraday Pressure Toward 3872 Support - 03.11.2026

Instrument Details

• Instrument Name: XAUUSD (Spot Gold)
• Market Type: Commodity
• Current Market Price (CMP): 3909

Intraday Trend Outlook

• Gold remains bearish as price continues below the declining moving-average structure after failing to sustain its recent recovery. Immediate momentum is weak near 3910, while resistance remains concentrated around 3923–3935. Intraday bias stays negative below 3935; weakness under 3898 may extend downside pressure toward 3885 and 3872.

Intraday Scenario-Based Outlook:

• Bullish Scenario: Above 3935
• Bearish Scenario: Below 3898
• Intraday Support Levels: 3885 / 3872
• Intraday Resistance Levels: 3923 / 3935

Disclaimer: This analysis is for educational purposes only and not financial advice. Please consult your financial advisor before making market participation or investment decisions.