GC Gold Futures Weekly Chart Analysis: 2026-May-22 07:04 CT

Price Action

• Last: 4638.0,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -13%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -22%
• 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: 3840.9 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 remain in a strong broader uptrend on the weekly chart, but the current swing structure is corrective and heavy. Price is trading below the short-term and intermediate session fib centers, while the weekly, monthly, and yearly session grids all show downside bias. Short-term momentum is fast and aligned with the bearish session grid readings, and the recent short signals from WSFG and MSFG reinforce that the current leg is a retracement phase rather than an impulsive advance. The swing pivot framework still shows a prior pivot-high structure at 4917.7 with the next major downside pivot mapped to 4236.7, while overhead resistance remains layered at 4917.7, 5464.7, and 5657.4. At the same time, the benchmark moving averages show a split picture: the 5, 10, and 20 day averages are rolling lower, but the 55, 100, and 200 day averages remain rising, which keeps the higher-timeframe trend constructive even as price works through a volatile pullback below recent highs.