GC Gold Futures Daily Chart Analysis: 2026-Apr-23 07:04 CT

Price Action

• Last: 4772.2,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -25%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 20%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 4917,
• 4. Pvt. Next: Pvt low 4601,
• 5. Levels R: 5510.8, 5464.7, 4917, 4901.1,
• 6. Levels S: 4308.3, 4221.1.

Daily Benchmarks

• (Short-Term) 5 Day: 4770.6 Down Trend,
• (Short-Term) 10 Day: 4803.4 Down Trend,
• (Intermediate-Term) 20 Day: 4810.3 Down Trend,
• (Intermediate-Term) 55 Day: 4721.3 Up Trend,
• (Long-Term) 100 Day: 4503.0 Up Trend,
• (Long-Term) 200 Day: 4308.3 Up Trend.

Additional Metrics

• ATR: 347,
• VOLMA: 182966.

Recent Trade Signals

• 22 Apr 2026: Short GC 06-26 @ 4772.4 Signals.USAR-WSFG
• 21 Apr 2026: Short GC 06-26 @ 4802.8 Signals.USAR.TR120
• 20 Apr 2026: Long GC 06-26 @ 4835 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Gold futures are currently experiencing a period of consolidation after a recent pullback from the highs near 4917. The short-term trend has shifted bearish, as indicated by the WSFG trend, recent short trade signals, and the downward direction of the 5, 10, and 20-day moving averages. However, the intermediate-term picture is more mixed: while the monthly MSFG trend remains up and price is above the monthly NTZ, the HiLo swing pivot trend is still down, suggesting unresolved directional bias. Long-term structure remains bullish, supported by the 55, 100, and 200-day moving averages trending higher and price holding well above major support levels. Volatility (ATR) is moderate, and volume is steady but not elevated, indicating a lack of strong conviction from either buyers or sellers. The market is in a corrective phase within a broader uptrend, with key resistance at 4917 and 4901 and support at 4308 and 4221. Price action suggests a wait-and-see approach as the market digests recent gains and tests support, with potential for renewed trend development once consolidation resolves.