Thank you all for your responses. It is most definitely not the fan or GPU. I have the PS out of the case right now and you can see that the fan goes on and off as it needs to. The fan is silent and the sound is localized , I think, to a big yellow wrapped coil in the PS.
It is not a high audio frequency, it sounds more like a computer hard drive from the 90s under load. The sound definitely cycles volume depending on the amount of load. The more load, the louder it gets. It is quiet at idle. It was loud enough to make me take the computer apart and figure out what the noise was.
@ USANDTHEM, you are a super moderator! yes this power supply is like 7 years old. In 2013, I put together this killer brand new system with an i7 4770k on an Asus z87 Sabertooth MB with 16GB DDR3 1866 using the subject Corsair HX1050. This base system lasted me through three GPU upgrades (780, 980, 1070ti).
It's final configuration is with a Gigabyte 1070ti and two samsung SSD - 500GB and 1TB. I was getting this ready to hand down to my kid, who currently has the system I built before this one. (i7-970 hex core, 24GB tri-channel memory, GTX 980, 500GB Samsung SSD). So this system is old and I just didn't want to drop in a new power supply if I didn't have to. I am really hesitant to use the PS from the current i7-970 system, because that is really really old, although I think it is a 1500W PS.
tldr; Noise isn't from fan, sounds like a 90s hard drive and I'm wondering if it is just coil whine, OR if it is dangerous OR maybe hopefully there is a story of someone who had this happen to them and it just went away?