Gold (XAU/AUD) Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bullish
- Price below the 20-day average
- Daily RSI 36, weak momentum
- Daily MACD below its signal line
- 5-day down 1.6%
- Daily view is bearish
- Price below the 50-day average
- 20-day average below the 50-day
- 20-day down 5.2%
- Daily MACD below zero
- Price below the 40-week average
- 10-week average below the 40-week
- 6-month down 10.5%
- Weekly MACD below its signal line
- Weekly RSI 39, weak momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
Gold (XAU/AUD): On the edge of pivot level
Our preference
Above 5,728.82, look for a move towards 5,812.09.
Alternative scenario
Below 5,728.82, expect 5,692.95 and 5,671.60.
Comment
The price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory. RSI is at 31 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 5,854.89 |
| Resistance 2 | 5,833.49 |
| Resistance 1 | 5,812.09 |
| Price | 5,729.60 |
| Pivot | 5,728.82 |
| Support 2 | 5,692.95 |
| Support 3 | 5,671.60 |
Gold (XAU/AUD): Target level as a potential turning point
Our preference
Below 6,342.67, look for a move towards 5,496.00.
Alternative scenario
Above 6,342.67, expect 6,717.97 and 6,941.36.
Comment
Price is approaching our first target at 5,496.00, which may trigger a pullback; a clear break below it would open the way to 5,276.80. RSI is at 39 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 6,941.36 |
| Resistance 2 | 6,717.97 |
| Pivot | 6,342.67 |
| Price | 5,729.60 |
| Support 1 | 5,496.00 |
| Support 2 | 5,276.80 |
| Support 3 | 5,057.60 |
AI market story
Updated 2026-10-28 08:48 UTC+8Gold in Aussie dollars bounces but trend stays bearish
Gold trades at 5,765.00, up 1.27% on the day but down 1.58% over five days and 5.22% over twenty. It sits below the 20-day average of 5,904.88 and the 50-day of 6,073.22, with RSI at 38 and MACD under its signal line.
Price journey: up or down lately?
It rose over the past day, gaining 1.27%, but the five-day loss of 1.58% and twenty-day loss of 5.22% show price is still well off the 20-day high of 6,134.60 and near the 20-day low of 5,657.90.
Trend: which way is the bigger picture pointing?
The bigger direction is down. Price is below the 20-day average of 5,904.88 and the 50-day of 6,073.22, and the daily view stays bearish while below its 6,342.67 pivot, with medium and long-term scores also bearish.
Momentum: gaining or losing strength?
Momentum is weak but steadying. Daily RSI is 38 versus 39 five days ago, and MACD sits below its signal line with little change in the histogram, so bearish momentum is not building, while the 30-minute intraday view has turned bullish.
Key levels: which prices matter next?
Watch the intraday targets at 5,812.09 and 5,833.49 plus the 20-day average of 5,904.88 above, and the intraday pivot at 5,728.82 with the first reversal level at 5,692.95 below; the daily downside targets are 5,496.00 and 5,276.80.
FOMC decision may quadruple gold volatility
The US FOMC lower and upper rate decisions land at 02:00 on 10-29, expected at 3.75 and 4. In the 16 past releases, the four-hour move averaged 103.54 dollars and peaked at 581.52, about 3.7 times normal, with only 38% closing higher.
What is coming up on the calendar?
The nearest items are the US FOMC lower and upper rate decisions at 02:00 on 10-29, expected at 3.75 and 4, followed by the Alphabet earnings call at 04:30, Australian import and export price indexes at 08:30, and the Australian policy rate on 11-03 at 11:30.
How much do these events usually move the price?
FOMC matters most: across 16 past releases the four-hour move averaged 103.54 dollars and reached 581.52 at most, roughly 3.7 times normal, with 38% closing higher. Australian trade price indexes averaged 53.81 dollars over eight releases, about 1.4 times, and the policy rate averaged 49.82 over fifteen, about 1.3 times.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
Gold (XAU/AUD) is below its daily short trailing stop. Short positions can reference 5,967.51 (3.99% away); it only moves down. A daily close above 5,967.51 signals the trend is strengthening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is below the 20- and 50-day moving averages, a weak medium-term structure.
- Daily RSI is 36, soft momentum.
- Daily MACD is below its signal line; daily momentum is down.
- Price is inside the daily Bollinger Bands (5,671.21 to 6,135.00).
Related economic events this week
| 10-28 08:30 | Australia Q3 Trimmed Mean CPI YoYAfter 8 past releases, Gold (XAU/AUD) moved $47.10 on average in 4 hours (1.2× normal) · max $144.02 | 3.7 |
| 10-28 08:30 | Australia Q3 Trimmed Mean CPI QoQAfter 8 past releases, Gold (XAU/AUD) moved $47.10 on average in 4 hours (1.2× normal) · max $144.02 | 1 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) HighAfter 16 past releases, Gold (XAU/AUD) moved $103.54 on average in 4 hours (3.7× normal) · max $581.52 | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) HighAfter 16 past releases, Gold (XAU/AUD) moved $103.54 on average in 4 hours (3.7× normal) · max $581.52 | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-29 08:30 | Australia 3Q Import Price Index QoQAfter 8 past releases, Gold (XAU/AUD) moved $53.81 on average in 4 hours (1.4× normal) · max $150.94 | — |
| 10-29 08:30 | Australia 3Q Export Price Index QoQAfter 8 past releases, Gold (XAU/AUD) moved $53.81 on average in 4 hours (1.4× normal) · max $150.94 | — |
| 11-03 11:30 | Australia Policy RateAfter 15 past releases, Gold (XAU/AUD) moved $49.82 on average in 4 hours (1.3× normal) · max $164.24 | — |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for Gold (XAU/AUD)
None of the financial news we collected in the last 7 days mentioned Gold (XAU/AUD) directly.
Trade signals for Gold (XAU/AUD)
Short-term Signals 30-minute · held a few hours to a day
| Signal time | Bias | Entry | Status | R |
|---|---|---|---|---|
| Oct 23, 2026 22:30 | Bearish | 5,663.50 | Closed at time limit | -0.19 |
| Oct 23, 2026 04:00 | Bearish | 5,738.00 | Half profit, rest at break-even | +0.24 |
| Oct 22, 2026 22:00 | Bearish | 5,784.10 | Closed at time limit | +0.86 |
| Oct 22, 2026 11:30 | Bearish | 5,843.00 | Half profit, rest at break-even | +0.24 |
| Oct 20, 2026 16:00 | Bearish | 5,895.10 | Closed at time limit | +0.54 |
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for Gold (XAU/AUD).
Chart patterns in play for Gold (XAU/AUD)
No active 15-minute to 4-hour patterns for Gold (XAU/AUD) right now.
FAQ
Where are Gold (XAU/AUD) support and resistance levels today?
Intraday resistance: 5,812.09, 5,833.49, 5,854.89. Support: 5,728.82, 5,692.95, 5,671.60. Pivot: 5,728.82 (updated Oct 28, 2026 14:34 UTC+8).
Is Gold (XAU/AUD) bullish or bearish now?
Intraday: bullish. Short-term (daily): bearish. Bullish above 5,728.82, targeting 5,812.09 and then 5,833.49.
How has Gold (XAU/AUD) been trading lately?
Gold in Aussie dollars bounces but trend stays bearish. Gold trades at 5,765.00, up 1.27% on the day but down 1.58% over five days and 5.22% over twenty. It sits below the 20-day average of 5,904.88 and the 50-day of 6,073.22, with RSI at 38 and MACD under its signal line.
How do I read the Gold (XAU/AUD) technical score?
Currently short-term bearish, medium-term bearish, long-term bearish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on Gold (XAU/AUD)?
Gold (XAU/AUD) is below its daily short trailing stop. Short positions can reference 5,967.51 (3.99% away); it only moves down. A daily close above 5,967.51 signals the trend is strengthening.
Which economic events matter for Gold (XAU/AUD) next?
FOMC decision may quadruple gold volatility. The US FOMC lower and upper rate decisions land at 02:00 on 10-29, expected at 3.75 and 4. In the 16 past releases, the four-hour move averaged 103.54 dollars and peaked at 581.52, about 3.7 times normal, with only 38% closing higher.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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