Analysis of Gold XAU, BTC, ETH, etc.
Beijing time: November 2, 2026
Recent Review and Data
Gold continued to fall and is currently around 3890–3900, with a weekly low of about 3870. DXY is around 102, and the 10-year U.S. Treasury yield remains high, with pressure from real interest rates still in place. WTI is around 104, and Brent around 113. BTC fell to around 77500, ETH is around 2250, and SOL around 95.
This week's focus: U.S. midterm elections on November 3, with policy uncertainty rising.
Overall Assessment
Gold and crypto remain weak, so the priority is to look for rallies to stall. Keep positions controlled ahead of the election and avoid chasing trades.
Strategy
Gold
If a pullback to around 3850–3880 shows signs of bottoming, consider a small long position; stop-loss at 3825, targets 3940–3970.
Around 3940–3970 on a rebound, prioritize shorts; stop-loss at 4000, targets 3880–3850.
A break below 3820 points to 3780–3750.
BTC
If a pullback to around 76500–77300 stabilizes, consider a small long position; stop-loss at 75500, targets 79000–79800.
Around 79000–79800 on a rebound, watch for short opportunities; stop-loss at 80800, targets 77500–76500.
ETH
If a pullback to around 2200–2240 stabilizes, consider a small long position; stop-loss at 2160, targets 2320–2360.
Around 2320–2360 on a rebound, watch for short opportunities; stop-loss at 2410, targets 2260–2200.
SOL
If a pullback to around 91–94 stabilizes, consider a small long position; stop-loss at 89, targets 98–101.
Around 98–101 on a rebound, watch for short opportunities; stop-loss at 104, targets 95–91.
ZEC
If a pullback to around 950–990 stabilizes, consider a small long position; stop-loss at 920, targets 1080–1120.
Around 1080–1120 on a rebound, watch for short opportunities; stop-loss at 1160, targets 1020–970.
WTI
A pullback to around 101–103 could offer a small long opportunity; stop-loss at 99, targets 106–108.
Around 106–108 on a rebound, watch for short opportunities; stop-loss at 110, targets 103–101.
Brent
A pullback to around 110–112 could offer a small long opportunity; stop-loss at 108, targets 115–117.
Around 115–117 on a rebound, watch for short opportunities; stop-loss at 119, targets 112–110.
Nasdaq
A pullback to around 25500–25900 could offer a small long opportunity; stop-loss at 25200, targets 26500–26800.
Around 26500–26800 on a rebound, watch for short opportunities; stop-loss at 27100, targets 26000–25500.
U.S. Stocks
MU: A pullback to around 880–920 could offer a small long opportunity; stop-loss at 860, targets 960–990.
WDC: A pullback to around 300–320 could offer a small long opportunity; stop-loss at 290, targets 350–370.
SNDK: Around 1200–1250 on a rebound, watch for short opportunities; stop-loss at 1290, targets 1150–1100.
Energy stocks: Oil prices remain elevated and supportive; consider buying dips.
Meme Coin Plays
Nothing on the watchlist this week.
The above is solely my personal analysis and does not constitute investment advice. Markets involve risk; you are responsible for your own gains and losses.$XAUUSD