GOLD / 7D low update
Aug 28, 14:07
GOLD Posts New 7‑Day Low, Signaling Continuation
Gold fell to a fresh 7‑day low of 4,550, breaking below the prior 7‑day high of 4,563.8 by about 0.30%. The move places the price roughly 12% beneath its 30‑day average, indicating continuation of the bearish bias unless a reclaim above 4,563.8 occurs.
Old 7D low
4563.8
New 7D low
4550
Move
0.30%
30D / YTD
4007.4 / 3949
What changed
- New 7‑day low at 4,550, down from prior 7‑day high of 4,563.8.
- Price is ~12% below the 30‑day level of 4,007.4, showing extended bearish distance.
- A reclaim above 4,563.8 would be needed to signal a potential trend reversal.