GC Gold Futures Weekly Chart Analysis: 2025-Nov-02 18:12 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Gold futures have experienced a significant rally, with price action showing large, fast-moving bars and a recent high at 4392.0. However, the short-term trend has shifted to the downside, as indicated by the WSFG and swing pivot DTrend, with price currently below the weekly NTZ and both 5- and 10-week moving averages turning down. Despite this short-term pullback, the intermediate- and long-term trends remain firmly bullish, supported by the uptrend in monthly and yearly session fib grids and all major long-term moving averages. The market is currently in a corrective phase after a strong advance, with key support at 3901.3 and resistance at 4392.0. The recent long trade signal suggests that traders are watching for a potential resumption of the uptrend, but the immediate outlook is for consolidation or further retracement before any new highs are attempted. The overall structure remains constructive for bulls on higher timeframes, while short-term traders should be mindful of increased volatility and the potential for deeper pullbacks.


Chart Analysis ATS AI Generated: 2025-11-02 18:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.