GC Gold Futures Daily Chart Analysis: 2026-Feb-02 07:11 CT

Price Action

• Last: 4823.3,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: 41%
• 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 Low 4542.4,
• 4. Pvt. Next: Pvt High 5488.2,
• 5. Levels R: 5488.2, 4711.2, 4680.5, 4270.3, 4073.5,
• 6. Levels S: 4542.4, 4271.3, 3882.2.

Daily Benchmarks

• (Short-Term) 5 Day: 5136.6 Down Trend,
• (Short-Term) 10 Day: 4988.8 Down Trend,
• (Intermediate-Term) 20 Day: 4777.0 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

• 02 Feb 2026: Short GC 04-26 @ 4728.4 Signals.USAR-WSFG
• 02 Feb 2026: Short GC 04-26 @ 4698 Signals.USAR-MSFG
• 29 Jan 2026: Short GC 04-26 @ 5368.6 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Gold futures have experienced a sharp and volatile selloff, as indicated by the large, fast-momentum bars and a decisive shift to a short-term downtrend in both price action and moving averages. The short-term swing pivot trend has turned bearish, with the most recent pivot low at 4542.4 now acting as key support, while resistance is established at the prior swing high of 5488.2. Intermediate-term trends are neutral, with the 20- and 55-day moving averages showing mixed signals—20-day turning down, but 55-day still up. Long-term structure remains bullish, as the 100- and 200-day moving averages continue to trend higher and price remains above these levels. The recent cluster of short trade signals aligns with the current short-term bearish momentum. Volatility is elevated (ATR 347), and volume has spiked, suggesting heightened activity and possible liquidation. The market is in a corrective phase within a broader uptrend, with the potential for further downside testing of support before any stabilization or resumption of the long-term trend.