GC Gold Futures Weekly Chart Analysis: 2026-May-19 07:04 CT

Price Action

• Last: 4600.0,
• 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: -12%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -20%
• 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 4237.7,
• 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: 3640.9 Up Trend,
• (Long-Term) 200 Day: 3018.1 Up Trend.

Recent Trade Signals

• 19 May 2026: Short GC 06-26 @ 4544.5 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 uptrend structure on the higher-timeframe benchmark averages, but the current weekly chart is in a sharp corrective phase with price trading below the yearly, monthly, and weekly session fib midlines. The active swing pivot structure remains mixed-to-bearish: the short-term pivot trend is still UTrend, while the HiLo trend has turned DTrend, reflecting a failed push from the recent highs and a lower pivot sequence from the 4917.7 high toward the 4237.7 low. Price is pressing back into the 4600 area after a fast decline from the upper 5400s/5600s zone, leaving the chart in a volatile retracement and consolidation state beneath nearby resistance levels.