Gold Technical Analysis
On the daily chart, gold is in a downtrend: the price is below its 50-day average, which is below the 200-day, and the 200-day average is falling (50-day $4,295, 200-day $4,519). On the weekly chart it is pulling back within a longer uptrend: below its 50-week average but still above the 200-week. The 14-day RSI is 28 — oversold (30 or less). The nearest resistance is $3,919 (turned the price 4 times since Oct 28, 2025). No swing low from the past year is below the price; on the weekly chart the nearest support is $3,464 (turned the price 4 times since Apr 21, 2025, as both support and resistance). On the weekly chart, the rising support line from Oct 2, 2023 (12 touches) is at $3,836, 1.6% below the price. The descending triangle on the daily chart (since Sep 18) broke downward on Oct 23, with a close below $4,100. It closed below a rising support line on Oct 30.
Latest candle: Oct 30, 2026 · close $3,899 · live spot price $3,911
Gold daily chart: last 6 months
Support and resistance levels
| Level | Type | vs price | Chart | Made of | Strength |
|---|---|---|---|---|---|
| $4,423 | Resistance | +13.4% | Weekly | 5 swing highs and lowslast Jun 15, 2026 | ●●● |
| $4,218 | Resistance | +8.2% | Daily | 6 swing highslast Oct 16, 2026 | ●●● |
| $3,994 | Resistance | +2.4% | Daily | 5 swing lowslast Jul 29, 2026 | ●●● |
| $3,919 | Resistance | +0.5% | Daily | 4 swing lowslast Oct 30, 2026 | ●●● |
| $3,899 | Latest close (Oct 30, 2026) | ||||
| $3,464 | Support | −11.2% | Weekly | 4 swing highs and lowslast Aug 18, 2025 | ●●● |
| $3,251 | Support | −16.6% | Weekly | 3 swing lowslast Jul 28, 2025 | ●●● |
Support is below the latest close, resistance above. Strength: ●●● four or more touches, or three that worked both as support and as resistance. "1-year high/low": the extreme of the period, shown when no level sits near it.
Patterns, trend lines and crosses
Descending triangle · daily chart, since Sep 18, 2026Broke downward
Lows hold at about the same price while the highs keep falling, squeezing the price against the floor. The descending triangle on the daily chart (since Sep 18) broke downward on Oct 23, with a close below $4,100.
Falling resistance line · daily chartHolding
Drawn through 4 swing highs since Sep 3, 2026 with no daily close through it in between. It is at about $4,084 now (+4.7% from the price).
Rising support line · daily chartBroken
Drawn through 6 swing lows since Oct 28, 2025 with no daily close through it in between. The price closed below it on Oct 30, 2026.
Death cross · daily chartJul 1, 2026
The 50-day average crossed below the 200-day average on Jul 1, 2026. Many traders treat this as a marker of the longer trend changing; it is slow by design and often comes well after the turn.
Falling resistance line · weekly chartHolding
Drawn through 3 swing highs since Jan 26, 2026 with no weekly close through it in between. It is at about $4,506 now (+15.6% from the price).
Rising support line · weekly chartHolding
Drawn through 12 swing lows since Oct 2, 2023 with no weekly close through it in between. It is at about $3,836 now (−1.6% from the price).
Gold weekly chart: last 3 years
Gold indicators: daily and weekly
| Indicator | Daily | Reading | Weekly | Reading |
|---|---|---|---|---|
| SMA 20 | $4,115 | Price below (−5.3%) | $4,246 | Price below (−8.2%) |
| SMA 50 | $4,295 | Price below (−9.2%) | $4,486 | Price below (−13.1%) |
| SMA 100 | $4,243 | Price below (−8.1%) | $3,889 | Price above (+0.3%) |
| SMA 200 | $4,519 | Price below (−13.7%) | $3,026 | Price above (+28.9%) |
| EMA 9 | $4,040 | Price below (−3.5%) | $4,168 | Price below (−6.5%) |
| EMA 21 | $4,114 | Price below (−5.2%) | $4,280 | Price below (−8.9%) |
| EMA 50 | $4,211 | Price below (−7.4%) | $4,254 | Price below (−8.4%) |
| EMA 200 | $4,294 | Price below (−9.2%) | $3,305 | Price above (+18.0%) |
| RSI 14 | 27.9 | Oversold (30 or less) | 35.3 | Weak momentum |
| MACD (12, 26, 9) | -76.15 signal -64.91 | Below its signal line, histogram growing; MACD below zero | -93.07 signal -51.00 | Below its signal line, histogram growing; MACD below zero |
| Bollinger (20, 2) | $3,960 – $4,270 | Price below the lower band | $3,848 – $4,644 | Near the lower band |
| ATR 14 | $81.38 | Average daily range: 2.1% of the price | $217 | Average weekly range: 5.6% of the price |
| 52-week high | $5,586 | −30.2% from it · Jan 29, 2026 | — | |
| 52-week low | $3,879 | +0.5% from it · Oct 30, 2026 | — |
SMA: simple moving average of closes; EMA: exponential moving average (recent closes count more). RSI: Wilder's 14-period relative strength index. ATR: Wilder's 14-period average true range. Readings describe the numbers; they are not signals.
How this is found
Everything on this page is computed from COMEX gold futures (front month, GC=F) daily candles from Yahoo Finance — 2,640 daily candles back to May 3, 2016 — with fixed rules, so the same chart always gives the same lines. Swings are the turning points where the price reversed by more than about 1.2 times its typical range (ATR 14; now $81.38 a day, 2.1% of the price). Support and resistance are prices where two or more swings ended within half an ATR of each other over the past year (five years on the weekly chart). Trend lines need three swings on the line and no close through it in between. Patterns are tested on the last five or six swings: the highs and the lows each have to sit on a straight line, the closes have to stay between the lines, and the shape has to be wide enough to matter. A break is the first close beyond a line by more than a quarter to half an ATR.
Chart patterns describe how traders have pushed the price around, not what comes next: many breaks fail, and the same rules applied a week later can draw different lines. For the long view see the gold trend bands, the futures positioning (COT) and what the price did after Fed decisions.
Gold Technical Analysis: FAQ
What does the gold chart show today?
On the daily chart, gold is in a downtrend: the price is below its 50-day average, which is below the 200-day, and the 200-day average is falling (50-day $4,295, 200-day $4,519). On the weekly chart it is pulling back within a longer uptrend: below its 50-week average but still above the 200-week. The 14-day RSI is 28 — oversold (30 or less). The nearest resistance is $3,919 (turned the price 4 times since Oct 28, 2025). No swing low from the past year is below the price; on the weekly chart the nearest support is $3,464 (turned the price 4 times since Apr 21, 2025, as both support and resistance). On the weekly chart, the rising support line from Oct 2, 2023 (12 touches) is at $3,836, 1.6% below the price. The descending triangle on the daily chart (since Sep 18) broke downward on Oct 23, with a close below $4,100. It closed below a rising support line on Oct 30.
Where are support and resistance for gold?
The nearest support is $3,464 (turned the price 4 times since Apr 21, 2025, as both support and resistance); the nearest resistance is $3,919 (turned the price 4 times since Oct 28, 2025). The table on this page lists the next levels on the daily and weekly charts.
How are the levels, trend lines and patterns found?
By a program, the same way every time, so nobody picks the lines that fit a story. Swing highs and lows are the turning points where the price reversed by more than about 1.2 times its typical daily range (the 14-day ATR). Support and resistance are prices where two or more swings ended within half an ATR of each other — and we drop any level that closes crossed back and forth too often. Trend lines run through three or more swing highs or lows with no close through the line in between. Triangles, wedges, channels and ranges come from straight lines through the last five or six swings; double tops and bottoms and head-and-shoulders shapes need the peaks within about one ATR of each other and a clear dip between them. Weak shapes are left out rather than shown.
What are RSI, MACD and Bollinger bands?
RSI (relative strength index) compares the size of recent up days with down days on a 0–100 scale; 70 and above is called overbought and 30 and below oversold. MACD is the gap between the 12- and 26-day exponential moving averages; its signal line is a 9-day average of that gap, and the histogram is the difference. Bollinger bands sit two standard deviations above and below the 20-day average, so they widen when prices swing more and narrow when markets are quiet.
What is a golden cross or a death cross?
A golden cross is when the 50-day moving average rises above the 200-day; a death cross is the opposite. The last one on the gold daily chart was a death cross on Jul 1, 2026. Both lag the price by weeks, which is why they mark changes in the longer trend rather than turning points.
Is this a forecast or a trading signal?
No. Technical analysis describes what the price has done; it does not predict what it will do, and patterns fail often. Nothing on this page is advice to buy or sell. Use it as a map of the levels many traders watch, alongside the news and fundamentals.
Why do the prices differ a little from the spot price?
The candles are COMEX gold futures (front month), because futures have a full open, high, low and close for every session. Futures usually trade a few dollars (often $10–40) away from spot, so a level here sits a similar distance from the same level on a spot chart.
How often is this updated?
The candles are refreshed every hour, and the analysis is recalculated each time. The latest candle (Oct 30, 2026) may still be in progress.
Technical analysis describes past prices. It is not a forecast, a price target or a recommendation, and nothing here is investment advice.