GC Gold Futures Weekly Chart Analysis: 2026-Apr-24 07:04 CT
Price Action
- Last: 4719.5,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -30%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: 2%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 17%
- 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 4917.2,
- 4. Pvt. Next: Pvt. Low 4100.7,
- 5. Levels R: 5657.4, 5464.7, 4917.2,
- 6. Levels S: 4100.6, 3459.6, 3189.5, 2182.5.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 4663.3 Up Trend,
- (Intermediate-Term) 10 Week: 4022.5 Up Trend,
- (Long-Term) 20 Week: 4773.3 Up Trend,
- (Long-Term) 55 Week: 4195.7 Up Trend,
- (Long-Term) 100 Week: 3566.0 Up Trend,
- (Long-Term) 200 Week: 2971.3 Up Trend.
Recent Trade Signals
- 23 Apr 2026: Short GC 06-26 @ 4741.5 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 have experienced a period of high volatility, with large weekly bars and fast momentum indicating strong price swings. The short-term trend has shifted bearish, as evidenced by the WSFG trend turning down and recent short trade signals, with price currently below the NTZ center line. However, the intermediate-term picture is mixed: while the monthly session fib grid (MSFG) trend remains up and price is above its NTZ, the HiLo swing pivot trend has turned down, suggesting a possible retracement or consolidation phase. Long-term structure remains robustly bullish, supported by all major moving averages trending upward and price well above yearly session fib grid levels. Key resistance is clustered near recent highs (4917.2, 5464.7, 5657.4), while support is found at 4100.6 and lower. The market appears to be in a corrective phase within a larger uptrend, with potential for further pullbacks before resuming higher if long-term momentum persists. Swing traders should note the interplay between short-term bearish signals and the underlying long-term bullish structure, as the market digests recent gains and tests support levels.
Chart Analysis ATS AI Generated: 2026-04-24 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.