Gold sits just under its 30-day high as safe-haven headlines circulate
40 sessions, 4409.0 to 4363.7; levels: resistance 4696.6, support 4240.7
40 sessions, 4409.0 to 4363.7; levels: resistance 4696.6, support 4240.7
| Level | Price | Why it matters |
|---|---|---|
| Resistance | 4696.6 | top of the 30-day range |
| Support | 4240.7 | 50-day average |
Levels read 12:30 UTC, 31 Aug 2026 · EdgeHog engine · 2026-08-31T12:30:06.059Z
Price is holding a stretch of ground well above its 50-day average, with a Hormuz tanker headline and Fed-pivot talk as backdrop noise.
Gold at 4,455 is close to its prior close of 4,458 and sits under the 30-day range top of 4,697, while remaining comfortably above the 50-day average of 4,241. Whether this is consolidation before another push toward the range high or a pause that fades back toward the average is genuinely open.
A slide back toward or through the 50-day average (4,241) would suggest the recent strength is fading; a clean break above 4,697 would put the market into fresh 30-day-range territory.
Every number the engine used, and the checks it had to pass.
a quoted price — 4,455.43462
a computed level — 4,458.22
a computed level — 4,240.6778
a computed level — 4,696.56
Checks passed source evidence ✓ · model reviews 4/4 · compliance ✓