GC Gold Futures Daily Chart Analysis: 2026-May-11 07:04 CT

Price Action

• Last: 4754.7,
• Bars: Medium,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: 4%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 8%
• 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 4775.2,
• 4. Pvt. Next: Pvt Low 4586.2,
• 5. Levels R: 5510.8, 5464.7, 4917.7, 4775.2,
• 6. Levels S: 4510.1, 4130.6, 4100.9, 4004.8, 3456.9.

Daily Benchmarks

• (Short-Term) 5 Day: 4674.5 Up Trend,
• (Short-Term) 10 Day: 4637.5 Up Trend,
• (Intermediate-Term) 20 Day: 4715.6 Up Trend,
• (Intermediate-Term) 55 Day: 4745.7 Down Trend,
• (Long-Term) 100 Day: 4812.7 Down Trend,
• (Long-Term) 200 Day: 4376.2 Up Trend.

Additional Metrics

• ATR: 347,
• VOLMA: 182966.

Recent Trade Signals

• 11 May 2026: Short GC 06-26 @ 4675.6 Signals.USAR.TR120
• 11 May 2026: Short GC 06-26 @ 4659.5 Signals.USAR-WSFG
• 08 May 2026: Long GC 06-26 @ 4736.5 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Gold futures are trading in a broad swing structure with a recent recovery from the May pullback, but the daily tape remains capped near the 4775 pivot-high resistance and the 4918 resistance band. Short-term structure is mixed-to-bearish because weekly flow is still below the NTZ, the 55-day and 100-day benchmarks are overhead, and the most recent short signals confirm downside pressure. Intermediate-term conditions are more balanced, with price holding above the 20-day and the monthly fib grid still biased upward, but the HiLo pivot trend has turned down, showing the rebound is still working through overhead supply. Long-term structure remains constructive because the yearly fib grid is above its midpoint bias and the 200-day benchmark stays in an up-trend, even as the 100-day remains above current price. The chart is behaving like a rotational consolidation after a sharp selloff and rebound, with resistance tests, failed pushes, and narrower swing swings around the upper 4700s.