Gold holding the upper shelf of its recent range
40 sessions, 4409.0 to 4363.7; levels: resistance 4696.6, support 4225.6, support 3995.9
40 sessions, 4409.0 to 4363.7; levels: resistance 4696.6, support 4225.6, support 3995.9
| Level | Price | Why it matters |
|---|---|---|
| Resistance | 4696.6 | 30-day high |
| Support | 4225.6 | 50-day average |
| Support | 3995.9 | 30-day low |
Levels read 12:30 UTC, 28 Aug 2026 · EdgeHog engine · 2026-08-28T12:30:08.574Z
Price sits just below the 30-day high with the 50-day average far below as a cushion.
Gold at 4603.34 is trading beneath its 30-day high of 4696.56 but well clear of its 50-day average of 4225.63, meaning the broader trend structure is intact even after the pullback from the top of the range. The gap between spot and the average leaves room for chop without threatening the underlying trend, and a push through 4696.56 would put price into uncharted territory relative to the last month.
A drop back toward the 50-day average near 4225.63 would suggest the recent advance is losing its underpinning, and a break of the 30-day low at 3995.90 would undercut the range structure entirely.
Every number the engine used, and the checks it had to pass.
a quoted price — 4,603.33524
a computed level — 4,696.56
a computed level — 3,995.9
a computed level — 4,225.6346
Checks passed source evidence ✓ · model reviews 4/4 · compliance ✓