GC Gold Futures Weekly Chart Analysis: 2025-Aug-24 18:06 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Gold futures are currently consolidating after a strong multi-month rally, with price action showing medium-sized bars and slow momentum. The short-term trend has shifted bearish, as indicated by the WSFG trend and recent short signals, with price trading below the weekly NTZ and both the 5- and 10-week moving averages turning down. However, the intermediate- and long-term outlooks remain bullish, supported by the monthly and yearly session fib grids, as well as all long-term moving averages trending up. Swing pivots highlight a recent high at 3595.5 and a potential next support pivot at 3290.0, with significant support levels well below current price, suggesting room for further retracement or consolidation. The market is in a corrective phase within a broader uptrend, with the potential for pullbacks to test lower support before any resumption of the primary bullish trend. Volatility remains elevated, and the market is likely to remain choppy in the near term as it digests recent gains.


Chart Analysis ATS AI Generated: 2025-08-24 18:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.