GC Gold Futures Daily Chart Analysis: 2026-May-18 07:04 CT

Price Action

• Last: 4530,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: -9%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -16%
• 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 4483.5,
• 4. Pvt. Next: Pvt High 4689.5,
• 5. Levels R: 5510.8, 5464.7, 4917.7, 4783.4,
• 6. Levels S: 4483.5, 4130.6, 4100.9, 4004.8, 3456.9.

Daily Benchmarks

• (Short-Term) 5 Day: 4673.9 Down Trend,
• (Short-Term) 10 Day: 4660.7 Down Trend,
• (Intermediate-Term) 20 Day: 4675.5 Down Trend,
• (Intermediate-Term) 55 Day: 4606.9 Down Trend,
• (Long-Term) 100 Day: 4825.1 Down Trend,
• (Long-Term) 200 Day: 4405.8 Up Trend.

Additional Metrics

• ATR: 347,
• VOLMA: 182966.

Recent Trade Signals

• 18 May 2026: Short GC 06-26 @ 4534.3 Signals.USAR-MSFG
• 18 May 2026: Short GC 06-26 @ 4518.1 Signals.USAR-WSFG
• 14 May 2026: Short GC 06-26 @ 4659.6 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Gold futures are in a broad corrective phase after the prior March rally failed near the upper resistance band around 4917.7 to 5510.8. Price is now trading below the 5, 10, 20, 55, and 100 day benchmarks, with the daily structure showing a lower-high, lower-low sequence and a bearish swing pivot trend. Weekly structure is still positive with price holding above the weekly NTZ bias, but the monthly and yearly session grids remain below their F0% centers, keeping the intermediate and long-term tone under pressure. The recent sell signals align with the softer daily trend, while the 200 day benchmark near 4405.8 remains the major long-term reference below current price.