GC Gold Futures Daily Chart Analysis: 2026-May-21 07:05 CT

Price Action

• Last: 4547.9,
• Bars: Large,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -14%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -14%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -23%
• 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 4455.0,
• 4. Pvt. Next: Pvt High 4688.8,
• 5. Levels R: 5510.8, 5464.7, 4917.7, 4783.4,
• 6. Levels S: 4455.0, 4130.6, 4100.9, 4004.8, 3456.9.

Daily Benchmarks

• (Short-Term) 5 Day: 4570.3 Down Trend,
• (Short-Term) 10 Day: 4641.5 Down Trend,
• (Intermediate-Term) 20 Day: 4640.7 Down Trend,
• (Intermediate-Term) 55 Day: 4759.5 Down Trend,
• (Long-Term) 100 Day: 4824.3 Down Trend,
• (Long-Term) 200 Day: 4421.4 Up Trend.

Additional Metrics

• ATR: 347,
• VOLMA: 182966.

Recent Trade Signals

• 21 May 2026: Long GC 06-26 @ 4547.9 Signals.USAR.TR120
• 20 May 2026: Short GC 06-26 @ 4485.5 Signals.USAR-MSFG
• 20 May 2026: Short GC 06-26 @ 4499 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Gold futures remain in a downtrending structure across the weekly, monthly, and yearly session fib grids, with price holding below the NTZ/F0% zones and below the 5, 10, 20, 55, and 100-day benchmarks. The pivot framework is also bearish, with DTrend on both the short-term pivot trend and the HiLo trend, while the most recent pivot evolution stays anchored to a lower low at 4455.0 and the next opposing pivot reference sits above at 4688.8. Price action is large and volatile, reflecting a wide daily range environment with repeated tests, rejection zones, and overlapping inside-bar behavior around the mid-4500s to 4700s. The 200-day benchmark remains the only longer-term upward reference, but the broader structure is still dominated by lower highs and lower lows, leaving the swing backdrop technically weak across the main timeframes.