On Monday, November 17, 2025, Gold appears to continue the weakening trend toward its nearest support level.

[Ben Graham]

[XAU/USD]

The Death Cross position of the EMA (50) with the EMA (200), along with the RSI in the Neutral-Bearish zone that also shows a hidden divergence, suggests that Gold has the potential to continue its decline today.

Key Levels

1. Resistance. 2 : 4287.73

2. Resistance. 1 : 4185.50

3. Pivot : 4108.53

4. Support. 1 : 4006.30

5. Support. 2 : 3929.33

Tactical Scenario:

Pressure Zone: If the price of Gold weakens and breaks down to close below 4006.30, it may test 3929.33.

Momentum Extension Bias: If 3929.33 is breached, there is potential for XAU/USD to move to 3827.10.

Invalidation Level / Bias Revision:

The downside bias is contained if the price of XAU/USD strengthens and closes above 4287.73.

Technical Summary:

EMA(50) : 4123.53

EMA(200): 4132.69

RSI(14) : 46.31 + Hidden Bearish Divergent

Economic News Release Agenda:

Tonight, the following economic data will be released from the United States:

US - Empire State Manufacturing Index - 20:30 WIB

US - Construction Spending m/m - 22:00 WIB

The material has been provided by InstaForex Company - www.instaforex.com