GC Gold Futures Daily Chart Analysis: 2026-May-01 07:04 CT
Price Action
- Last: 4584.3,
- Bars: Medium,
- Mom: Slow.
WSFG Weekly
- Short-Term
- WSFG Current: -50%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -5%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: -9%
- F0%/NTZ' Bias: Price Below,
- YSFG Trend: Down.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt Low 4522.2,
- 4. Pvt. Next: Pvt High 4726.4,
- 5. Levels R: 5510.8, 5464.7, 4917.7,
- 6. Levels S: 4522.2, 4130.6, 4100.0, 4004.8, 3458.9.
Daily Benchmarks
- (Short-Term) 5 Day: 4646.8 Down Trend,
- (Short-Term) 10 Day: 4713.9 Down Trend,
- (Intermediate-Term) 20 Day: 4741.0 Down Trend,
- (Intermediate-Term) 55 Day: 4780.1 Down Trend,
- (Long-Term) 100 Day: 4793.5 Down Trend,
- (Long-Term) 200 Day: 4343.2 Down Trend.
Additional Metrics
Recent Trade Signals
- 30 Apr 2026: Long GC 06-26 @ 4643.3 Signals.USAR.TR120
- 29 Apr 2026: Short GC 06-26 @ 4604.5 Signals.USAR-MSFG
- 28 Apr 2026: Short GC 06-26 @ 4600 Signals.USAR.TR720
- 27 Apr 2026: Short GC 06-26 @ 4684.6 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
Gold futures are trading below the short-, intermediate-, and long-term benchmark cluster, with the daily structure still dominated by a downside swing pivot trend and lower-high behavior after the March peak. The recent rebound into the 4700 area was rejected and the market has rotated back under the 5/10/20/55/100-day averages, keeping the session-fib bias negative across weekly, monthly, and yearly grids. Price is now working in the mid-4500s after a sharp washout and partial recovery, which reflects a volatile, corrective market rather than a clean trend continuation. Recent signals show alternating short and long entries, but the prevailing swing backdrop remains aligned with the bearish pivot hierarchy and overhead resistance near 4726.4, 4917.7, and 5464.7.
Chart Analysis ATS AI Generated: 2026-05-01 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.