Gold trading above its 50-day average amid risk-off headlines
40 sessions, 4409.0 to 4363.7; levels: support 4246.2, resistance 4696.6
40 sessions, 4409.0 to 4363.7; levels: support 4246.2, resistance 4696.6
| Level | Price | Why it matters |
|---|---|---|
| Support | 4246.2 | 50-day average |
| Resistance | 4696.6 | 30-day range high |
Levels read 12:30 UTC, 1 Sept 2026 · EdgeHog engine · 2026-09-01T12:30:05.700Z
Reports of tanker incidents in the Strait of Hormuz coincide with a broader risk-off tone as gold trades above its 50-day average, within its recent 30-day range.
Price at 4369.39 is below the prior close of 4451.97 but above the 4246.24 fifty-day average, with the 30-day range extending up to 4696.56.
A daily close below the 4246.24 fifty-day average would place price under that level.
Every number the engine used, and the checks it had to pass.
a quoted price — 4,369.39311
a computed level — 4,451.97
a computed level — 4,246.2336
a computed level — 4,696.56
Checks passed source evidence ✓ · model reviews 4/4 · compliance ✓