Where options dealers have to buy or sell gold to stay hedged. Four levels come out of it: resistance, support, a regime switch and a price magnet. This page shows them, what they mean today, and the charts behind them.
The four levels traders plot on their charts. They sit where options dealers hold the most gamma, so price often reacts there. Each card shows how far it is from the latest CME settle.
Today’s levels on one line, with the zones where dealer hedging tends to speed moves up (below the flip) or calm them down (above it), and the expected-move ranges.
How far the options market expects gold to move (one standard deviation), and an AI summary of today’s setup for Pro members.
Gold candles with today’s levels drawn on. Pro streams live prices and every timeframe; free accounts see a frozen sample.
Calls and puts at the 30 strikes closest to the price. The tallest bars are where dealer hedging is concentrated.
The full profile of dealer gamma with the net curve. Where the net curve crosses zero is the gamma flip.
The numbers behind the charts: gamma and open interest per strike, sortable by any column.