GC Gold Futures Weekly Chart Analysis: 2026-May-21 07:05 CT
Price Action
- Last: 4623.0,
- Bars: Large,
- Mom: Fast.
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: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt High 4917.7,
- 4. Pvt. Next: Pvt Low 4236.7,
- 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
- 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: Bullish.
Key Insights Summary
Gold futures are in a powerful multi-year uptrend structurally, but the current weekly posture is corrective and trend-stressed after a sharp run to the 2026 highs. Price is holding above the 55-, 100-, and 200-day benchmarks, which keeps the broader trend constructive, yet it remains below the 20-day and the weekly/monthly fib equilibrium zones, aligning with the WSFG and MSFG down readings. The pivot structure still shows a short-term UTrend, but the intermediate HiLo trend is down, reflecting a market that has recently rolled over from a major peak and is working through a fast swing retracement. The recent sequence shows a thrust up into resistance, then a steep rejection and follow-through lower, leaving price in a volatile consolidation-to-correction phase with strong overhead supply near 4917.7 and layered support below 4130.6 and 4004.8. Overall, the chart reflects a long-term bull market inside an active intermediate pullback, with short-term momentum still heavy.
Chart Analysis ATS AI Generated: 2026-05-21 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.