GC Gold Futures Weekly Chart Analysis: 2026-Jun-05 07:04 CT

Price Action

• Last: 4539.1,
• Bars: Large,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -41%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -33%
• 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 4952.0,
• 4. Pvt. Next: Pvt Low 4344.0,
• 5. Levels R: 5691.7, 5499.0, 4952.0,
• 6. Levels S: 4164.9, 4039.1, 3346.7, 3193.8, 2846.8.

Weekly Benchmarks

• (Short-Term) 5 Day: 4638.1 Down Trend,
• (Short-Term) 10 Day: 4697.4 Down Trend,
• (Intermediate-Term) 20 Day: 4858.4 Down Trend,
• (Intermediate-Term) 55 Day: 4313.7 Up Trend,
• (Long-Term) 100 Day: 3712.9 Up Trend,
• (Long-Term) 200 Day: 3076.3 Up Trend.

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: Bullish.

Key Insights Summary

Gold remains in a larger bullish secular structure, but the weekly tape is presently corrective and sitting below the weekly, monthly, and yearly session fib grid midlines. The latest price action is a sizable pullback from the recent spike high near 4952, with momentum cooling while price trades under the 5, 10, and 20-day benchmarks. Swing pivot structure shows the short-term pivot trend still upward, but the broader hi/lo pivot sequence has rolled over to a down trend, reflecting a lower-high / lower-low transition after the recent expansion phase. Overhead resistance is layered at 4952, 5499, and 5691.7, while nearby support is clustered at 4164.9 and 4039.1. The moving-average stack remains mixed: shorter-term averages are falling, while the 55, 100, and 200-day benchmarks still slope higher, showing the longer-cycle uptrend has not fully broken even as the current weekly rhythm is bearish and mean-reverting.