40 sessions, 4409.0 to 4363.7; levels: resistance 4696.6, support 4225.6
| Level | Price | Why it matters |
|---|
| Resistance | 4696.6 | 30-day range high |
| Support | 4225.6 | 50-day average |
Levels read 06:30 UTC, 28 Aug 2026 · EdgeHog engine · 2026-08-28T06:30:02.905Z
Bullion sits close to its recent range high and well clear of its 50-day average, with Hormuz-related shipping disruption in the headline mix.
Gold quotes 4582.56751, below the 30-day range high of 4696.56 and comfortably above the 4225.63 fifty-day average. Headlines note suppressed shipping traffic through the Strait of Hormuz even as oil itself heads for a weekly loss, an inconsistency that leaves the read-through to gold unclear rather than obviously supportive.
Picture changes if price pushes through and holds above 4696.56, extending the recent range, or if it retraces back toward the 4225.63 average, which would question how much of the recent extension holds.
Every number the engine used, and the checks it had to pass.
a quoted price — 4,582.56751
a computed level — 4,696.56
a computed level — 4,225.6346
Checks passed source evidence ✓ · model reviews 4/4 · compliance ✓