GC Gold Futures Daily Chart Analysis: 2026-Jun-04 07:03 CT

Price Action

• Last: 4515.0,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -16%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -25%
• 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 high 4627.1,
• 4. Pvt. Next: Pvt low 4420.7,
• 5. Levels R: 5545.1, 5499.0, 4952.0, 4817.7, 4627.1,
• 6. Levels S: 4395.6, 4164.9, 4135.2, 4039.1, 3491.2.

Daily Benchmarks

• (Short-Term) 5 Day: 4523.7 Down Trend,
• (Short-Term) 10 Day: 4534.1 Down Trend,
• (Intermediate-Term) 20 Day: 4612.9 Down Trend,
• (Intermediate-Term) 55 Day: 4805.0 Down Trend,
• (Long-Term) 100 Day: 4859.0 Down Trend,
• (Long-Term) 200 Day: 4499.4 Up Trend.

Additional Metrics

• ATR: 347,
• VOLMA: 182966.

Recent Trade Signals

• 04 Jun 2026: Long GC 08-26 @ 4539.1 Signals.USAR.TR120
• 03 Jun 2026: Short GC 08-26 @ 4471.7 Signals.USAR-MSFG
• 02 Jun 2026: Short GC 08-26 @ 4546.9 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Gold futures remain in a broad corrective phase with price trading below the weekly, monthly, and yearly F0%/NTZ references, while the short-term swing structure is still in DTrend and the hi/lo pivot structure also points lower. The daily benchmark stack is generally bearish, with price below the 5, 10, 20, 55, and 100 day averages, while the only constructive reference is the 200 day near the low 4500s, which is helping define a nearby support zone. Recent action shows a sharp rejection from the early-June rebound attempt, followed by a fast retracement back into the lower end of the June session range, consistent with lower highs, lower lows, and failed bounce behavior. Swing resistance is layered overhead near 4627, 4818, 4952, and then the higher pivot highs, while support is concentrated around 4396, 4165, and 4039. Overall structure favors a downward bias across timeframes, with volatility elevated and the chart showing a choppy, distribution-like sequence rather than a sustained trend advance.