XAU/USD AI Live Scan, 1-hour chart, Sunday, 1 November 2026
Every read JAFX AI made on the XAU/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:09 UTC
Downtrend, accelerating into Friday close · RSI 23 · price 3,875.80
Lower highs since Wednesday FOMC peak; Tue–Thu range broken lower.
Gold has printed lower highs since the 4082.67 FOMC spike on Wednesday. Thursday's GDP beat and sticky core PCE kept pullbacks capped in the 4030s, and Friday's NY session then broke the Tuesday–Thursday range base near 3990 and the 3900 handle as hawkish Fed rhetoric and a firmer USD drove the selling. The week low at 3870 was set into the close with RSI(14) oversold near 23 and price well beneath EMA(20); the 3896 breakdown shelf, the 23.6% fib at 3920 and Friday's London low at 3965 sit overhead.
Support: 3,870.26, 3,850.00
Resistance: 3,896.00, 3,920.40, 3,965.25
What it said to watch
Failure to hold the 3870 week low on Monday's open exposes the 3850 round number
An H1 close back above the 3896 breakdown shelf and 3900 would be the first reclaim of broken structure since Friday's NY session
A recovery through the 23.6% fib at 3920 toward the 3965 London low would test the lower highs trendline from the FOMC peak, which sits near 3985
ISM Mfg PMI and Prices Paid (Mon 15:00 UTC), followed by Goolsbee at 16:15 UTC, could materially shift this read
Lower highs since Wednesday's post-Fed peak; Thursday range broken lower.
Gold has printed lower highs since Wednesday's post-Fed spike to 4082.67. Friday broke Thursday's 4005–4040 range, and the NY session drove the heaviest leg through the 3900 round number as hawkish Fed rhetoric and cross-asset liquidation weighed. The week closed near the 3870 week low, well under the H1 EMA(20) near 3937, with RSI(14) around 20. Readings are deeply oversold but show no bullish divergence yet. The 3900 round number and Friday's 3965 London low sit overhead.
Support: 3,870.26, 3,850.00
Resistance: 3,900.00, 3,937.00, 3,965.25
What it said to watch
Hourly closes back above the 3900 round number would mark the first reclaim of broken structure since Friday's NY breakdown
Failure to hold the 3870 week low exposes the 3850 psych level
A higher RSI(14) low on a fresh price low would flag bullish rsi divergence and a stalling downtrend
Recovery to the ema20 near 3937, roughly the 23.6–38.2% fib zone, is the first test of the lower highs sequence
US ISM Mfg PMI and Prices Paid Mon 15:00 UTC, then Goolsbee at 16:15, could materially shift this read