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

Price Action

Last: 4776.7,
Bars: Large,
Mom: Momentum 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: UTrend,
3. Pvt. Evolve: Pvt high 5626.8,
4. Pvt. Next: Pvt low 4015.3,
5. Levels R: 5626.8,
6. Levels S: 4015.3, 3974.2, 3814.9, 3149.6, 2781.9.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 4566.0 Up Trend,
(Intermediate-Term) 10 Week: 4624.6 Up Trend,
(Long-Term) 20 Week: 4296.5 Up Trend,
(Long-Term) 55 Week: 3812.1 Up Trend,
(Long-Term) 100 Week: 3277.9 Up Trend,
(Long-Term) 200 Week: 2802.7 Up Trend.

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: Bullish,
Long-Term: Bullish.

Key Insights Summary

Gold futures have experienced a significant rally, as evidenced by large, fast momentum bars and a recent swing high at 5626.8. However, the short-term trend has shifted bearish, with price now below the weekly session fib grid NTZ and a recent short signal, suggesting a corrective phase or pullback is underway. Despite this, the intermediate and long-term trends remain firmly bullish, supported by all major moving averages trending upward and price holding well above key support levels. The market is currently digesting gains after a parabolic move, with volatility elevated and a potential for further retracement toward the next swing support levels. The overall structure remains constructive for bulls on higher timeframes, but short-term traders should be mindful of the ongoing correction and possible choppy price action as the market seeks a new equilibrium.