Daily Technical Analysis: November 1, 2022 – Gold Still Pouting

The following is a technical daily analysis, November 1, 2022. The data and analysis contained in this newsletter can be used on a wide scale for your trading. However, it is important to note that GICTrade and its data providers are not responsible for your trading results. So, it's your own responsibility. Before knowing today's technical analysis, immediately register yourself to take part in GIC Gebyar Hadia and get the main prize, namely Mobile Mitshubshi Expander or Pake Vacation to Labuan Bajo for 4 nights and 3 days. In the following, we will inform you of price movement predictions in Forex and Commodities which are equipped with calculations of Pivot Point levels, Resistance and Support.

EURUSD

[caption id="attachment_21201" align="aligncenter" width="564"] 
Photo Source: Nurhakim via GIC[/caption] The movement of the Euro is predicted to weaken/Bearish towards the levels of S1, S2 and even S3, but if it cannot continue its weakness, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For clarity, you can see the technical daily analysis below

Pivot Poin

Pivot poin are at = 0,99067

Resistance

• Resistance 1 = 0,99408
• Resistance 2 = 0,99994
• Resistance 3 = 1,00335

Support

• Support 1     = 0,98481
• Support 2     = 0,98140
• Support 3     = 0,97554

USDCHF

[caption id="attachment_21205" align="aligncenter" width="571"] 
Photo Source: Nurhakim via GIC[/caption] Swiss Franch's movement is predicted to weaken, the candle moves Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its weakness, it will return to the Pivot level or it may move to the level of S1, S2 or even S3. For details, please see below

Pivot Poin

Pivot poin are at = 0,99986

Resistance

• Resistance 1 = 1,00496
• Resistance 2 = 1,00828
• Resistance 3 = 1,01338

Support

• Support 1     = 0,99654
• Support 2     = 0,99144
• Support 3     = 0,98812

USDJPY

[caption id="attachment_21206" align="aligncenter" width="565"] 
Photo Source: Nurhakim via GIC[/caption] The movement of the Yen is predicted to weaken, the candle moves Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its weakness, it will return to the Pivot level or it may move to the level of S1, S2 or even S3. For clarity, you can see the technical daily analysis below

Pivot Poin

Pivot poin are at = 148,362

Resistance

• Resistance 1 = 149,229
• Resistance 2 = 149,712
• Resistance 3 = 150,579

Support

• Support 1     = 147,879
• Support 2     = 147,012
• Support 3     = 146,529

GBPUSD

[caption id="attachment_21202" align="aligncenter" width="566"] 
Photo Source: Nurhakim via GIC[/caption] The movement of the Pound Sterling is predicted to weaken / Bearish towards the level of S1, S2 and even S3, but if it cannot continue its weakness, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For details, please see below

Pivot Poin

Pivot poin are at = 1,15126

Resistance

• Resistance 1 = 1,15655
• Resistance 2 = 1,16658
• Resistance 3 = 1,17187

Support

• Support 1     = 1,14123
• Support 2     = 1,13594
• Support 3     = 1,12591

AUDUSD

[caption id="attachment_21200" align="aligncenter" width="568"] 
Photo Source: Nurhakim via GIC[/caption] The Aussie movement is predicted to weaken/Bearish towards the S1, S2 and even S3 levels, but if it cannot continue its weakening, it will return to the Pivot level or it may move to the R1, R2 and even R3 levels. For details, please see below

Pivot Poin

Pivot poin are at = 0,63974

Resistance

• Resistance 1 = 0,64273
• Resistance 2 = 0,64574
• Resistance 3 = 0,64873

Support

• Support 1     = 0,63673
• Support 2     = 0,63374
• Support 3     = 0,63073

GOLD

[caption id="attachment_21203" align="aligncenter" width="571"] 
Photo Source: Nurhakim via GIC[/caption] Gold's movement is predicted to go down/Bearish towards the levels of S1, S2 and even S3, but if it cannot continue its decline, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For clarity, you can see the technical daily analysis below

Pivot Poin

Pivot poin are at = 1636,66

Resistance

• Resistance 1 = 1641,58
• Resistance 2 = 1650,50
• Resistance 3 = 1655,42

Support

• Support 1     = 1627,74
• Support 2     = 1622,82
• Support 3     = 1613,90

OIL

[caption id="attachment_21204" align="aligncenter" width="565"] 
Photo Source: Nurhakim via GIC[/caption] The movement of oil is predicted to go down/Bearish towards the levels of S1, S2 and even S3, but if it cannot continue its decline, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For details, please see below

Pivot Poin

Pivot poin are at = 86,67

Resistance

• Resistance 1 = 88,05
• Resistance 2 = 90,00
• Resistance 3 = 91,38

Support

• Support 1     = 84,72
• Support 2     = 83,34
• Support 3     = 81,39

So, that's the explanation of "Technical Daily Analysis: November 1, 2022 – Gold Still Pouting". Also read our other articles, such as an explanation of how to buy cryptocurrencies, only in the GIC Journal. Don't forget to practice your trading skills by getting a scalping ebook and following live trading on NFP Live Trading. Make sure, download GIC Mobile Apps on Google Play Store