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

Price Action

• Last: 4821.1,
• Bars: Large,
• Mom: fast.

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 4917.7,
• 4. Pvt. Next: Pvt Low 4222.3,
• 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: 4758.6 Down Trend,
• (Short-Term) 10 Day: 4787.4 Down Trend,
• (Intermediate-Term) 20 Day: 4821.1 Up Trend,
• (Intermediate-Term) 55 Day: 4248.4 Up Trend,
• (Long-Term) 100 Day: 3621.9 Up Trend,
• (Long-Term) 200 Day: 3006.7 Up Trend.

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: Bullish,
• Long-Term: Bullish.

Key Insights Summary

Gold futures remain in a powerful long-term uptrend, with the 2026 yearly grid holding above F0% and the major 55/100/200-day benchmarks still aligned higher. The weekly structure has pulled back from the recent impulse high and is showing short-term weakness, with WSFG below F0%, the current pivot trend in UTrend but the HiLo trend leaning DTrend, and recent short signals confirming a countertrend weekly retracement phase. Price is still sitting well above the 55-day and far above the 100/200-day benchmarks, which keeps the broader swing backdrop constructive, while the cluster of recent highs and the active resistance stack near 4917.7, 5464.7, and 5657.4 defines the overhead supply. On the downside, the key support shelf around 4130.6 and 4004.8 remains the first notable structure below current price, with the larger multi-month trend still dominated by the higher-high, higher-low advance that has been unfolding since 2024.