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

Price Action

• Last: 4598.0,
• Bars: Large,
• Mom: average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 4917.7,
• 4. Pvt. Next: Pvt Low 4238.5,
• 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: 4711.5 Down Trend,
• (Short-Term) 10 Day: 4724.7 Down Trend,
• (Intermediate-Term) 20 Day: 4818.2 Down Trend,
• (Intermediate-Term) 55 Day: 4259.6 Up Trend,
• (Long-Term) 100 Day: 3840.9 Up Trend,
• (Long-Term) 200 Day: 3018.1 Up Trend.

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: Bullish.

Key Insights Summary

Gold weekly structure remains in a broader multi-year uptrend, but the near-term tape has rolled over into a pullback/consolidation phase after a strong vertical advance. Price is sitting below the 5, 10, and 20 day benchmarks, which matches the negative May and 2026 session fib readings and the recent short signals. Even so, the higher timeframe foundation is still constructive because the 55, 100, and 200 day benchmarks are rising and price remains well above them. The pivot map shows the short-term pivot trend still up, but the higher pivot structure has turned down from the most recent swing high, leaving the market in a corrective, choppy retracement beneath prior highs rather than a clean trend extension.