GC Gold Futures Weekly Chart Analysis: 2026-May-07 07:05 CT

Price Action

• Last: 4745.8,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 45%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 12%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 23%
• 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 4917.7,
• 4. Pvt. Next: Pvt Low 4194.9,
• 5. Levels R: 5657.4, 5464.7, 4917.7,
• 6. Levels S: 4130.6, 4004.8, 3345.5, 3159.5, 2812.5.

Weekly Benchmarks

• (Short-Term) 5 Day: 4746.4 Down Trend,
• (Short-Term) 10 Day: 4842.2 Down Trend,
• (Intermediate-Term) 20 Day: 4807.3 Down Trend,
• (Intermediate-Term) 55 Day: 4230.5 Up Trend,
• (Long-Term) 100 Day: 3601.0 Up Trend,
• (Long-Term) 200 Day: 2894.6 Up Trend.

Recent Trade Signals

• 07 May 2026: Long GC 06-26 @ 4753.2 Signals.USAR-MSFG
• 06 May 2026: Long GC 06-26 @ 4695.1 Signals.USAR-WSFG
• 06 May 2026: Long GC 06-26 @ 4636.2 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Gold futures remain in a powerful higher-timeframe uptrend, with the yearly and monthly session grids both biased above their F0/NTZ zones and pointing higher. The weekly swing structure is still constructive, with the current pivot trend in UTrend and price holding above the rising 55-day benchmark, even though near-term momentum sits under the 5-, 10-, and 20-day averages. That combination reflects a strong larger trend with a short-term pause/consolidation after the prior sharp advance and rejection from the 4917.7 pivot high. The recent sequence of long signals aligns with the broader bullish structure, while the market is working through a volatile retracement band between the mid-4600s and high-4700s after the latest swing high-to-low correction.