GC Gold Futures Daily Chart Analysis: 2026-Feb-01 18:10 CT

Price Action

• Last: 4771.1,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -146%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 87%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 31%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: HiLo Neutral,
• 3. Pvt. Evolve: Pvt high 5488.2,
• 4. Pvt. Next: Pvt low 4701.3,
• 5. Levels R: 5488.2, 5042.1, 4888.8,
• 6. Levels S: 4701.3, 4073.0, 3973.3.

Daily Benchmarks

• (Short-Term) 5 Day: 5136.6 Down Trend,
• (Short-Term) 10 Day: 4988.8 Down Trend,
• (Intermediate-Term) 20 Day: 4771.4 Down Trend,
• (Intermediate-Term) 55 Day: 4542.4 Up Trend,
• (Long-Term) 100 Day: 4271.3 Up Trend,
• (Long-Term) 200 Day: 3882.2 Up Trend.

Additional Metrics

• ATR: 347,
• VOLMA: 182966.

Recent Trade Signals

• 29 Jan 2026: Short GC 04-26 @ 5368.6 Signals.USAR.TR120
• 26 Jan 2026: Long GC 02-26 @ 5049.6 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

Gold futures have experienced a sharp reversal after a strong rally, with recent price action showing large, fast-moving bars to the downside. The short-term trend has shifted to bearish, confirmed by the downward direction of the 5, 10, and 20-day moving averages and a negative WSFG reading, indicating price is below the weekly neutral zone. Intermediate-term signals are mixed: the monthly session fib grid remains positive and price is above the monthly NTZ, but the HiLo trend is neutral and the 55-day MA is still trending up. Long-term structure remains bullish, with both the 100 and 200-day moving averages in uptrends and price well above these levels. Swing pivots highlight a recent pivot high at 5488.2 and a potential pivot low at 4701.3, with key support and resistance levels now clearly defined. Volatility is elevated (high ATR), and volume has spiked, suggesting increased participation during this selloff. The recent short signal aligns with the short-term bearish momentum, while the prior long signal reflects the earlier uptrend. Overall, the market is undergoing a significant pullback within a larger bullish context, with short-term momentum favoring sellers, but intermediate and long-term trends still supportive of the broader uptrend.