GC Gold Futures Daily Chart Analysis: 2026-Mar-16 07:06 CT
Price Action
- Last: 5009.9,
- Bars: Medium,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: -3%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Mar
- Intermediate-Term
- MSFG Current: -51%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 77%
- 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 5480.2,
- 4. Pvt. Next: Pvt Low 4977.9,
- 5. Levels R: 5480.2, 5434.4,
- 6. Levels S: 4977.9, 4923.2, 4903.3, 4072.9.
Daily Benchmarks
- (Short-Term) 5 Day: 5124.5 Down Trend,
- (Short-Term) 10 Day: 5152 Down Trend,
- (Intermediate-Term) 20 Day: 5131.5 Down Trend,
- (Intermediate-Term) 55 Day: 4906.3 Up Trend,
- (Long-Term) 100 Day: 4596.9 Up Trend,
- (Long-Term) 200 Day: 4115.9 Up Trend.
Additional Metrics
Recent Trade Signals
- 16 Mar 2026: Short GC 04-26 @ 4979.7 Signals.USAR-WSFG
- 12 Mar 2026: Short GC 04-26 @ 5092 Signals.USAR.TR120
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
Gold futures have shifted into a corrective phase after a strong rally, with short-term momentum now favoring the downside. Price is trading below both the weekly and monthly session fib grid NTZ centers, and all short-term and intermediate-term moving averages are trending down, confirming a bearish short-term environment. The most recent swing pivot is a high at 5480.2, with the next key support at 4977.9, which is being tested. Intermediate-term structure remains constructive (UTrend), but the market is consolidating after a sharp move up, with volatility (ATR) still elevated. Long-term trend metrics remain bullish, as price holds well above the 100 and 200 day moving averages, suggesting the broader uptrend is intact despite the current pullback. Volume is moderate, and recent trade signals have triggered short entries, reflecting the short-term bearish bias. The market is in a corrective retracement phase within a larger uptrend, with key support levels being watched for potential stabilization or further downside extension.
Chart Analysis ATS AI Generated: 2026-03-16 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.