GC Gold Futures Daily Chart Analysis: 2026-Jun-02 07:04 CT
Price Action
- Last: 4546.9,
- Bars: Large,
- Mom: Slow.
WSFG Weekly
- Short-Term
- WSFG Current: -8%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Jun
- Intermediate-Term
- MSFG Current: 1%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
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 4627.1,
- 4. Pvt. Next: Pvt Low 4415.5,
- 5. Levels R: 5545.1, 5499.0, 4952.0, 4817.7, 4627.1,
- 6. Levels S: 4395.6, 4164.9, 4135.2, 4039.1.
Daily Benchmarks
- (Short-Term) 5 Day: 4530.0 Down Trend,
- (Short-Term) 10 Day: 4549.2 Down Trend,
- (Intermediate-Term) 20 Day: 4622.1 Down Trend,
- (Intermediate-Term) 55 Day: 4487.7 Down Trend,
- (Long-Term) 100 Day: 4860.4 Down Trend,
- (Long-Term) 200 Day: 4489.7 Up Trend.
Additional Metrics
Recent Trade Signals
- 02 Jun 2026: Short GC 08-26 @ 4546.9 Signals.USAR-WSFG
- 01 Jun 2026: Short GC 08-26 @ 4504.7 Signals.USAR.TR120
- 27 May 2026: Short GC 06-26 @ 4480.1 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bearish.
Key Insights Summary
Gold futures remain in a broad corrective phase after the spring peak, with the daily chart still carrying the imprint of a lower-high, lower-low sequence beneath the 20-day and 100-day benchmarks. The recent rebound into the 4540s is occurring inside a larger down structure, while the monthly session fib grid for June is holding an upward bias, creating a mixed tape where the higher-timeframe monthly structure is constructive but the weekly and yearly structures remain under pressure. The swing pivot map shows the current short-term pivot trend still up, but the intermediate hi/lo trend is down, and the next pivot reference is a lower low at 4415.5, keeping the swing framework tilted to the downside. Volatility is elevated, volume remains active, and the recent signal stack continues to print short entries, reinforcing a bearish short-term tone, a neutral-to-soft intermediate backdrop, and a bearish long-term posture.
Chart Analysis ATS AI Generated: 2026-06-02 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.