XAUUSD analysis, 28 October 2026: Gold trades below the 20-day average after a $38 range
Daily levels for Wednesday 28 October 2026: pivots from the previous session, moving averages, average daily range and what the session did with them. Education, not signals.
Where gold is now
Gold is trading at $4,047.5, below the 20, 50 and 200-day averages, and below the daily pivot at $4,051.9. The nearest pivot levels are P at $4,051.9 above and S1 at $4,024.3 below. If price holds above S1, the P level is the next one traders watch; if it loses S1, attention moves to the level under it. The market came into the session after 2 consecutive up days. So far today the range is $38.3, about 58% of the 14-day average ($66.1): narrow range, and a higher high against 27 Oct 2026. The nearest round numbers are $4,050 above and $4,000 below.
ADR(14) $66.1 · ADR(20) $69.7 · 10-day realised volatility 18.9% annualised
Daily pivots from 27 Oct 2026 H $4,079.4 · L $4,001.6 · C $4,074.6
| Pivot | Classic | Fibonacci | Price vs classic | % |
|---|---|---|---|---|
| R3 | $4,179.9 | $4,129.7 | -132.4 | -3.17% |
| R2 | $4,129.7 | $4,099.9 | -82.2 | -1.99% |
| R1 | $4,102.1 | $4,081.6 | -54.6 | -1.33% |
| P | $4,051.9 | $4,051.9 | -4.4 | -0.11% |
| S1 | $4,024.3 | $4,022.1 | +23.2 | +0.58% |
| S2 | $3,974.1 | $4,003.8 | +73.4 | +1.85% |
| S3 | $3,946.5 | $3,974.1 | +101.0 | +2.56% |
Moving averages, swing levels and round numbers
| Level | Price | Price vs level | % |
|---|---|---|---|
| 20-day SMA | $4,143.5 | -96.0 | -2.32% |
| 50-day SMA | $4,325.9 | -278.4 | -6.44% |
| 200-day SMA | $4,528.7 | -481.2 | -10.62% |
| 52-week high 29 Jan 2026 | $5,586.2 | -1,538.7 | -27.54% |
| 52-week low 28 Oct 2025 | $3,901.3 | +146.2 | +3.75% |
| Prior week high | $4,211.2 | -163.7 | -3.89% |
| Prior week low | $3,989.1 | +58.4 | +1.46% |
| Prior week close | $4,007.9 | +39.6 | +0.99% |
| Prior month high Sep 2026 | $4,558.5 | -511.0 | -11.21% |
| Prior month low Sep 2026 | $4,143.1 | -95.6 | -2.31% |
| Round number above | $4,050.0 | -2.5 | -0.06% |
| Round number below | $4,000.0 | +47.5 | +1.19% |
Education, not signals. Levels are calculated from COMEX gold futures daily data, so they can differ from your broker's XAUUSD quote by a few dollars. Nothing here is a buy or sell recommendation, a target or a forecast. Risk disclaimer.
So far this session
Gold opened at $4,073.6, traded between $4,045.8 and $4,084.1 (a $38.3 range, 58% of ADR(14)) and closed at $4,047.5, -27.1 (-0.67%) on the day. The session touched P, and the close was below the daily pivot ($4,051.9) and below the 20, 50 and 200-day averages that were on the chart at the open. It was a higher high with narrow range versus the 14-day average.
Frequently asked questions
What was the daily pivot for gold on 28 October 2026?
The classic pivot was $4,051.9, with R1 at $4,102.1, R2 at $4,129.7, S1 at $4,024.3 and S2 at $3,974.1, all calculated from the 27 Oct 2026 high ($4,079.4), low ($4,001.6) and close ($4,074.6). During the session price touched P.
How big was gold's range on 28 October 2026 compared with its average?
Gold traded between $4,045.8 and $4,084.1, a $38.3 range, which was 58% of the 14-day average daily range of $66.1 (narrow range). The 20-day ADR was $69.7 and 10-day realised volatility was 18.9% annualised.
Where did gold close relative to its moving averages on 28 October 2026?
Gold closed at $4,047.5, below the 20, 50 and 200-day averages. The 20-day SMA was $4,143.5, the 50-day $4,325.9 and the 200-day $4,528.7, measured from the closes before that session. This is a description of where price sat, not a signal.
Generated automatically from COMEX gold futures daily data. Education, not signals. Not financial advice. Levels differ slightly between brokers and data feeds. See our risk disclaimer.